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Energy

Brent Holds Above $102 and Murban Reaches $110 as Hormuz Risk Widens the Brent-WTI Gap Past $11

Tanker shortages, higher insurance costs and longer voyages are lifting seaborne grades while landlocked West Texas Intermediate trades near $91 a barrel.

PR

By Priya Raghavan

Oct 5, 2026 · 2 min read

Crude benchmarks pulled further apart at the start of the week. Brent was quoted at $102.31 a barrel on Monday, up 0.07%, while Abu Dhabi's Murban grade reached about $110, according to market reports. Front-month West Texas Intermediate was indicated near $91.

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PR

Priya Raghavan

Corporate Insider Inc.

Priya Raghavan writes for Corporate Insider Inc.

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