Oil Price Today (October 15): Crude oil dips to $105 despite rising Middle East tensions. Here’s why

Economic Times - Oct 15, 2026

Brent crude futures declined $1.50, or 1.41%, to $104.55 a barrel, while US West Texas Intermediate (WTI) crude futures dropped $1.02, or 1.07%, to $94.07. Both benchmarks reversed gains made in the previous session.

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