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Line chart of Brent crude oil futures daily closes from September 14 to October 13, 2026.

Tanker volume through the Strait of Hormuz fell 15% in the week of October 5, yet Brent has stayed above $100, up from $70.69 at the end of January. The daily record shows large single-day swings, including a 7.35% fall on September 21 and an 8.64% rise on September 24. Oil reaches Canada through energy inflation, with headline CPI expected at 3.0% on October 19, ahead of the October 28 Bank of Canada decision.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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