Brent crude oil from the North Sea was recorded at $107.89 per barrel on Monday, October 19, 2026. Furthermore, Iran's light crude oil was reported at $107.24. These figures indicate an increase in prices in the crude oil and refinery products market.
Price Trend Analysis
The price of West Texas Intermediate (WTI) is also at $97.35, showing a $10.54 difference from Brent oil. In the product sector, the price of low-sulfur diesel in the Persian Gulf has experienced a daily increase of 2.57%, while naphtha, liquefied gas, and jet fuel have seen increases of 1.15% and 0.60%, respectively.
Read more: Delivery of Oil Shipment in International Waters Amid New Sanctions
Conversely, mazut and fuel oil have faced a daily decrease of 0.85%. These price changes in various products indicate that developments in the oil market do not affect all products simultaneously or equally. Supply and demand conditions and the quality characteristics of each product can influence price changes.
More Details on Prices
The natural gas price at the Henry Hub index is recorded at $3.12 per MMBtu, with no daily change reported. This index is considered one of the important benchmarks for gas pricing in the U.S. market.
The price table shows that the OPEC basket price has reached $106.94, and the price of Iran's heavy crude oil is reported at $105.14 per barrel. These figures clearly indicate the developments in the global energy market and their impact on the economies of countries.
Overall, today's data indicates an increase in the prices of several important refinery products and crude oil. Oil and petrochemical industry players must carefully examine these price changes to assess their impact on raw material supply costs and company profitability. Given the upcoming price changes, it is essential to analyze multi-day trends and global market conditions accurately.
Read more: Operation to Replace the Kicker Valve of the National Gas Pipeline Without Interrupting Gas Supply · Purchase of 12 Million Barrels of Crude Oil from Iraq and Qatar by Chinese Refineries
