Brent and WTI diverge as oil benchmarks hit annual highs.
Crude oil is a key global energy commodity whose prices are shaped by political and market forces, with Brent and WTI serving as the main benchmarks. In October 2026, Brent averaged $125.20 per barrel and fell 11.3 percent over the month, while WTI averaged $102.96 and rose 9.9 percent, with both benchmarks reaching their highest …
