Oil prices rise over 1%, Brent December contract tops $116

[Attaqa] Oil prices rose more than 1% in Friday trading on October 30, 2026, recouping losses from the previous session amid concerns over continued supply disruptions, according to Attaqa. Crude prices were heading for a fourth straight monthly gain, the report said, as an attack on an oil tanker in the Strait of Hormuz highlighted persistent risks to supply. Brent's December contract traded above $116, according to Attaqa.