Crude oil futures end higher as Hurricane Isaias shuts in production
WTI settled up 3.6% to $91.49 a barrel and Brent finished up 4.1% at $104.28 as Hurricane Isaias headed for the U.S. Gulf coast and shut in production.
S. Gulf coast and shut in production. The market reacted less to comments from President Trump on the status of negotiations with Iran and a pause on attacks until after the midterm elections on Nov. 3.
Trump's remarks would suggest negotiations are progressing, but their impact on price action appeared to have weakened. "The market has heard it all before, and the pullback just isn't what it was in the past," Robert Yawger of Mizuho Securities USA said in a note. 28 a barrel. October 08, 2026 15:55 ET (19:55 GMT)