# Brent crude price crosses $116, WTI tops $103 as Saudi attacks fuel supply disruption fears

> Brent crude rose to about $116 per barrel and WTI topped $103 after attacks on Saudi Arabian infrastructure raised fears of supply disruption. Crude is on track for a fourth straight monthly gain.

- Date: 2026-10-30 · published 2026-10-30T10:05:40.063Z
- Category: geopolitics · region Saudi Arabia · magnitude high
- Page: https://feedsoft.ai/events/2149-brent-crude-price-crosses-116-wti-tops-103-as-saudi-attacks-fuel-supply
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Higher crude lifts biofuel economics and feedstock demand for vegetable oils, while raising freight and input costs for feed producers.

## Read by commodity

- SBO: bullish ▲
- WTI: bullish ▲
- BRENT: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2022-03-01 | [WTI Tops $103 as Supply Fears Persist - TT](https://feedsoft.ai/events/12840-wti-tops-103-as-supply-fears-persist-tt.md) | +23.6% | +11.2% |
| BRENT | 2024-04-12 | [Crude oil prices today: WTI, Brent rise as Israel braces for Iran attack](https://feedsoft.ai/events/30930-crude-oil-prices-today-wti-brent-rise-as-israel-braces-for-iran-attack.md) | -3.2% | -7.8% |
| BRENT | 2026-07-31 | [Supply Disruptions Underpin Crude Oil Prices](https://feedsoft.ai/events/18516-supply-disruptions-underpin-crude-oil-prices.md) | -4.9% | -0.6% |
| BRENT | 2026-03-12 | [Brent Oil Tops $100 as Persian Gulf Disruption Hits Global Supply - Bloomberg](https://feedsoft.ai/events/8158-brent-oil-tops-100-as-persian-gulf-disruption-hits-global-supply-bloomberg.md) | +23.1% | +16.8% |
| BRENT | 2026-10-02 | [Oil Rises as Mideast Tensions Sustain Supply-Disruption Fears](https://feedsoft.ai/events/9320-oil-rises-as-mideast-tensions-sustain-supply-disruption-fears.md) | +7.5% | +9.7% |
| WTI | 2022-03-01 | [WTI Tops $103 as Supply Fears Persist - TT](https://feedsoft.ai/events/12840-wti-tops-103-as-supply-fears-persist-tt.md) | +24.3% | +11.5% |
| WTI | 2024-04-12 | [Crude oil prices today: WTI, Brent rise as Israel braces for Iran attack](https://feedsoft.ai/events/30930-crude-oil-prices-today-wti-brent-rise-as-israel-braces-for-iran-attack.md) | -2.7% | -6.1% |
| WTI | 2026-07-31 | [Supply Disruptions Underpin Crude Oil Prices](https://feedsoft.ai/events/18516-supply-disruptions-underpin-crude-oil-prices.md) | -7.4% | -0.3% |

## Sources

- moneycontrol.com: https://www.moneycontrol.com/news/business/markets/brent-crude-crosses-116-wti-tops-103-as-saudi-attacks-fuel-supply-disruption-fears-14064149.html

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