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Brent Crude Price at $105 After the IEA’s 20 Million…

By Tobi Opeyemi Amure

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Source excerpt · FinanceFeeds

Updated 16 October 2026. Brent crude traded at $105.21 a barrel at 06:45 UTC on Friday 16 October (ICE front-month via Yahoo Finance), down from Thursday's $105.92 settlement. The International Energy Agency (IEA) agreed on Thursday to release more than 20 million barrels of diesel from emergency stocks. US crude inventories fell 8.6 million barrels in a week. Verdict: the diesel release is small…