Commodities

Brent Crude Climbs to $111.97, Extending a Sharp Month-Long Rally

Brent crude oil rose 1.34% on Thursday, capping a 30-day gain of nearly 19% as the commodity continues its sustained upward move.

By Love Wallet · October 22, 2026

Brent Crude Climbs to $111.97, Extending a Sharp Month-Long Rally
Price
$111.97
24h
+1.34%
1 week
+7.16%
1 month
+18.69%

Brent crude oil settled at $111.97 on October 22, 2026, adding 1.34% over the prior 24-hour period. The session's advance extended a broad-based rally that has gathered momentum across multiple timeframes.

Over the past seven days, Brent has risen 7.16%, reflecting persistent buying pressure in global oil markets. The weekly gain alone signals a notably aggressive pace of price appreciation for the benchmark crude contract.

The 30-day picture is even more striking, with Brent posting an 18.69% advance over that span. The move represents one of the more significant medium-term surges recorded for the commodity in recent history, based on the available price data.

Market capitalization figures are not available for Brent crude, as the commodity trades as a futures-based benchmark rather than a publicly listed security. Trading activity and price direction remain the primary metrics by which the asset's market conditions are assessed.

Market data is provided for informational purposes only and may be delayed. Nothing in this article is financial advice.

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