# Brent's $113.43 Settle Sits $8.43 Above EIA's Q4 Forecast...

> Brent January crude settled at $113.43 on Friday, up $2.63, while WTI settled at $104.12. Brent finished October up 13.6% and WTI up 15.2%. The article compares the settle with EIA's October outlook, which projected Q4 Brent at $105.

- Date: 2026-11-01 · published 2026-11-01T21:07:35.125Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/69971-brent-s-113-43-settle-sits-8-43-above-eia-s-q4-forecast
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Futures are pricing a much tighter Hormuz-driven market than the EIA expects to persist, so energy costs for feed production, transport and fertiliser inputs stay elevated in the near term.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Sources

- oilauthority.com: https://oilauthority.com/news/brent-premium-eia-forecast-saxo-post-war-range

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