Commodities

Brent Crude Holds Near $114.97 After Modest Dip on Wednesday

Brent Crude Oil edged fractionally lower on the day but remains sharply higher over the past month amid sustained buying pressure.

By Love Wallet · October 28, 2026

Brent Crude Holds Near $114.97 After Modest Dip on Wednesday
Price
$114.97
24h
-0.10%
1 week
+3.94%
1 month
+14.16%

Brent Crude Oil settled at $114.97 on October 28, 2026, slipping 0.10% over the prior 24 hours in quiet trading. The marginal decline interrupted what has otherwise been a strong run for the benchmark crude contract.

Over the past seven days, Brent has gained 3.94%, reflecting consistent upward momentum in the near term. The broader 30-day picture is more striking, with the contract up 14.16% over that span, marking a significant advance for the commodity.

The 30-day rally underscores persistent demand across global energy markets, though Wednesday's session showed little directional conviction. No single session catalyst was evident from the available data.

Market capitalization figures are not available for Brent Crude, as the commodity trades as a futures contract rather than a publicly listed security. Trading in the days ahead will determine whether the recent monthly trend continues or faces further consolidation.

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

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