Oil
Oil Prices Settle More Than 1% Higher, Log Strongest Month Since March
CEII brief
EnergyNow.com reported on 18 Oct 2026: Oil Prices Settle More Than 1% Higher, Log Strongest Month Since March.
Read the full story on EnergyNow.comOil prices closed more than $1 per barrel higher on Friday, Brent futures settled up $1.09, or 1.2%, at $90.12 a barrel,
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
9.5% of world merchandise exports were fuels in 2025Original reporting © EnergyNow.com. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
