Crude oil prices fall on Monday

Crude oil prices fell on Monday, October 19, 2026, in the morning, with both Brent and West Texas Intermediate (WTI) crude experiencing declines.

Brent and WTI prices reported

At 8:19 AM Paris time (6:19 AM GMT), Reuters reported Brent crude at 107.57 dollars per barrel (−2.08 %) and WTI crude at 99.46 dollars (−1.92 %). The market reacted to the U.S. relaxation of sanctions targeting Russia, which could facilitate its exports.

Prices remain higher than at the start of the month

Crude oil prices remain higher since October 1st. The first trading day of October ended at 102.31 dollars for Brent and 92.87 dollars for WTI, according to Reuters. The month began under tension, with the suspension of Chinese exports of petroleum products and information about additional U.S. military reinforcements in the Middle East.

Price evolution since October 1st

From October 1st to October 19th, Brent crude increased by 5.14 % and WTI crude by 7.10 %. The data shows that even though prices fell on Monday, they are still above the levels seen at the start of the month.

Friday's price jump and recent trends

On Friday, October 16th, Brent closed at its highest since May 19 and WTI since September 17. Concerns about supply security in the Middle East and attacks against Russian facilities supported prices. For this week, Brent gained 4.9 % and WTI 10.4 %, reports Reuters.

Monday's decline does not reverse the trend

The decline on Monday erases part of the recent movement, but does not bring either barrel back to its level from the first closing of October. WTI maintains a stronger increase over the period considered.