# West Texas Intermediate trades near $102.00 after pulling back from five-month highs

> WTI crude pulled back to around $102.20 a barrel in early European trade after reaching a five-month high of $104.00. Renewed Middle East diplomatic efforts eased pressure on energy markets.

- Date: 2026-10-30 · published 2026-10-30T10:05:40.054Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/2147-west-texas-intermediate-trades-near-102-00-after-pulling-back-from-five-month
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Easing geopolitical risk reduces the energy premium passed into diesel, fertilizer and biofuel-linked demand, which slightly weighs on vegetable oil and grain input costs.

## Read by commodity

- SBO: bearish ▼
- WTI: bearish ▼

## Sources

- fxstreet.com: https://www.fxstreet.com/news/west-texas-intermediate-trades-near-10200-after-pulling-back-from-five-month-highs-202610300719

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.