Brent crude oil settled at $113.8 per barrel on October 29, 2026, marking a decline of 1.07% over the prior 24-hour period. The pullback tempered what has otherwise been a strong stretch of performance for the global oil benchmark.
Over the past seven days, Brent crude has gained 1.84%, reflecting modest but sustained upward momentum on a weekly basis. The broader 30-day picture tells a more striking story, with the commodity rising 17.26% over that period — a substantial move by historical standards for the benchmark grade.
The single-session dip comes as Brent holds well above levels seen a month ago. The scale of the 30-day advance suggests significant price pressure has built in the market over recent weeks, even as Thursday's trading showed some softening.
Market capitalization figures are not available for Brent crude, as the commodity is traded as a futures contract rather than a publicly listed security. Trading activity and price direction remain closely watched by energy markets globally.
