Brent Crude Surges Past $100 as Geopolitics Send Oil Prices Soaring

The oil commodity market has been volatile in recent times, particularly in September 2026. According to Reuters, Brent crude has traded above US$100 a barrel, while WTI has also moved above US$100 due to geopolitical tensions and disruptions to major oil transportation routes.

OPEC+ production decisions can influence global oil supply expectations, affecting the price of crude oil. The two most important benchmarks for crude oil are West Texas Intermediate (WTI) and Brent Crude.

Retail traders can gain exposure to oil prices without buying or storing physical barrels of oil through various financial instruments such as CFDs, futures, ETFs, and physical oil.