
Will ICE Brent Crude front-month futures reach $110.00 per barrel before October 31, 2026?
Brent is trading near $96 per barrel on September 3, 2026, up about 21% over the past month and about 9% over the past week. Prices have been supported by an exchange of strikes between the United States and Iran, Iranian retaliation against US allies in the Gulf, and a 4.5-million-barrel drawdown in US commercial crude inventories reported by the EIA. Crude continues to move through the Strait of Hormuz, with Iraqi exports running near 2.34 million barrels per day. This market evaluates whether Brent reaches the $110 level before the end of October.
Conditions
Resolves "Yes" if the ICE Brent Crude front-month futures contract trades at or above $110.00 per barrel at any time between September 4, 2026, 00:00 UTC and October 31, 2026, 23:59 UTC, according to intraday and settlement data published by Intercontinental Exchange (ICE). Spot assessments, dated Brent quotations, Brent contracts traded on other exchanges and non-front-month ICE contracts do not count. Otherwise — "No".
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