{"id":659391,"date":"2026-10-28T08:10:09","date_gmt":"2026-10-28T08:10:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/659391\/"},"modified":"2026-10-28T08:10:09","modified_gmt":"2026-10-28T08:10:09","slug":"oil-price-today-wti-brent-rise","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/659391\/","title":{"rendered":"Oil price today: WTI, Brent rise"},"content":{"rendered":"<p>A pumpjack operates outside of Midland, Texas, US, on Thursday, Oct. 15, 2026. <\/p>\n<p>Eli Hartman | Bloomberg | Getty Images<\/p>\n<p>Oil prices climbed Wednesday as investors weighed the prospect of a prolonged and widening Middle East conflict after Tehran-backed Houthis attacked Saudi Arabia&#8217;s largest refinery. <\/p>\n<p>International benchmark <a href=\"https:\/\/www.cnbc.com\/quotes\/@LCO.1\/\" rel=\"nofollow noopener\" target=\"_blank\">Brent crude futures<\/a> rose $1.50, or 1.32%, to $115.59 per barrel, while <a href=\"https:\/\/www.cnbc.com\/quotes\/@CL.1\/\" rel=\"nofollow noopener\" target=\"_blank\">U.S. West Texas Intermediate crude futures<\/a> gained $1.47, or 1.47%, to $101.37 per barrel.<\/p>\n<p>The Houthis said on Tuesday they had <a href=\"https:\/\/www.reuters.com\/business\/energy\/yemens-houthis-say-they-launched-an-attack-saudi-ras-tanura-oil-refinery-2026-10-27\/\" target=\"_blank\" rel=\"nofollow noopener\">attacked Saudi Arabia&#8217;s Ras Tanura<\/a> refinery with a ballistic missile, raising worries of an escalation in the regional conflict.<\/p>\n<p>Trump, meanwhile, said that the war with Iran would <a href=\"https:\/\/www.cnbc.com\/2026\/10\/28\/us-iran-war-trump-hormuz-costs-centcom.html\" rel=\"nofollow noopener\" target=\"_blank\">end on his terms<\/a>, while insisting that Tehran must be prevented from acquiring nuclear weapons.<\/p>\n<p>Speaking at a campaign rally in Texas on Tuesday, Trump said the conflict could be brought to a swift conclusion but stressed that any agreement must ensure Iran would never possess a nuclear weapon.<\/p>\n<p>Stock Chart IconStock chart icon<img decoding=\"async\" src=\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\" class=\"Collapsible-dismissButton\" alt=\"hide content\"\/><\/p>\n<p>Oil prices since the start of the year<\/p>\n<p>His remarks followed earlier comments that he was weighing whether to reach a deal with Tehran or pursue further military action, keeping investors on edge over the possibility of renewed strikes.<\/p>\n<p>Concerns over disruptions to oil flows have kept a geopolitical risk premium embedded in crude prices, with traders closely monitoring developments in the region.<\/p>\n<p>Adding to the uncertainty, Israel&#8217;s election appeared headed for a political stalemate, with neither Prime Minister Benjamin Netanyahu nor his main challenger, Gadi Eisenkot, securing a clear path to a governing majority.<\/p>\n<p>Preliminary exit polls showed the rival blocs falling short of the 61 seats required to control Israel&#8217;s 120-member parliament, raising the prospect of protracted coalition negotiations and clouding the outlook for Israel&#8217;s approach toward Iran.<\/p>\n","protected":false},"excerpt":{"rendered":"A pumpjack operates outside of Midland, Texas, US, on Thursday, Oct. 15, 2026. Eli Hartman | Bloomberg |&hellip;\n","protected":false},"author":2,"featured_media":659392,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[238343,941,357,54,2973,36206,42,30937,87,46,64251,190,43,16755,78,3336,5727,40,38,41,39,1032,150424,30938],"class_list":["post-659391","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-lco26z","tag-breaking-news-markets","tag-business-news","tag-donald-trump","tag-foreign-policy","tag-government-and-politics","tag-headlines","tag-ice-brent-crude-oct25","tag-iran","tag-israel","tag-lp","tag-markets","tag-news","tag-oil-and-gas","tag-saudi-arabia","tag-tehran","tag-texas","tag-top-news","tag-top-stories","tag-topnews","tag-topstories","tag-united-states","tag-united-states-oil-fund","tag-wti-crude-sep25"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/659391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=659391"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/659391\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/659392"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=659391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=659391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=659391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}