gas prices

Business

Brent just topped $111 as Houthis claim strikes on Saudi oil sites — Riyadh stays silent

The Houthis said Monday they hit an Aramco facility, the Shaybah oilfield and two airports. Saudi Arabia hasn't confirmed the claims and Reuters says it can't verify them — but markets priced the risk anyway, pushing crude to its highest since May.

Money

Brent crude fell back from $110 as Trump's Russia waiver promised more fuel — while gold pushed toward $4,200

Monday's split-screen markets capture an energy shock colliding with a political one: Brent slid nearly 2 per cent off its five-month high as markets weighed more Russian fuel supply, while gold climbed toward record territory. Here's what it means for Canadian gas prices — and the Bank of Canada's Oct. 28 rate call.