ResearchGlobal Markets2026-10-16
WTI Breaks $97.5, Geopolitical Premium Evaporates $1.8
WTI down 0.65% to $97.34; Brent down 0.50% to $105.39; Brent–WTI spread widens to $8.05 — widest in 3 weeks; USD/JPY rallies to 158.14, reinforcing JPY-driven inflation repricing.