WTI Crude Above $100 as US Oil Posts Third Straight Weekly Gain in October 2026
US West Texas Intermediate crude settled above $100 a barrel on 24 October 2026, extending its run of weekly gains as Middle East supply worries kept traders cautious.
US West Texas Intermediate crude settled above $100 a barrel on 24 October 2026, extending its run of weekly gains as Middle East supply worries kept traders cautious.
Silver closed at $53.90 an ounce on 23 October 2026, down 1.27 percent on the day and 5.40 percent on the week, as gold, platinum and palladium also fell.
The Dow Jones fell 1.23 percent to 52,215.16 on Friday 23 October 2026, leading Wall Street lower as oil surged and technology shares weakened.
Nearly all economists polled by Reuters expect the Federal Reserve to hold rates at 3.75 to 4.00 percent on 27-28 October 2026, with a hike expected in December.
Pakistan's KSE-100 Index fell 1,549 points to close at 162,347 on Friday 23 October 2026, ending the week lower amid Middle East tensions and rate uncertainty.
The rupee held at Rs 276.8236 to the dollar in the State Bank's 23 October 2026 revaluation rate, gaining slightly ahead of the 26 October monetary policy announcement.
The US 10-year Treasury yield closed at 5.00 percent on Friday 23 October 2026, with the 2-year yield at 4.69 percent and the 30-year at 5.33 percent.
Brent crude traded around $116-$117 a barrel on 25 October 2026, with WTI near $103, as tanker attacks in the Strait of Hormuz and Houthi strikes on Saudi oil sites kept traders worried about supply.
Gold traded near $3,996 an ounce on 25 October 2026, down 4.1 per cent on the week and 8.5 per cent so far in 2026, as rising oil prices and rate expectations outweighed safe-haven demand.