Brent crude traded at $107.51 a barrel on September 14, 2026, up 2.77%, as Saudi Arabia’s East-West Pipeline remained shut. The level kept Brent above $107 after a sharp price surge three days earlier and put attention on the security of a Saudi export route that had carried 4 million to 5 million barrels a day before its closure.
Data Snapshot
| Metric | Current | Previous | Change | Period | As of | Source |
|---|---|---|---|---|---|---|
| Brent November | 107.62 | 107.63 | -0.01 | 01:40 GMT, September 11, 2026 | 2026-09-11T01:40:00Z | ICIS |
| Brent crude settlement | $107.63 | — | 6.3% | September 10, 2026 | 2026-09-10 | Associated Press |
| Brent crude | $107.51 a barrel | — | 2.77% | September 14, 2026 | 2026-09-14 | EBC Financial Group |
| Brent crude intraday high | $110.19/barrel | — | — | Early Friday trade in Asia, September 11, 2026 | 2026-09-11 | ICIS |
Brent held near $107 after the September 11 spike
Brent settled at $107.63 on September 10, a 6.3% move, after briefly topping $108 per barrel, according to the Associated Press. In early Friday trading in Asia on September 11, it reached an intraday high of $110.19 per barrel before easing, ICIS reported.
At 01:40 GMT on September 11, the Brent November contract was at 107.62, compared with 107.63 previously, according to ICIS. That reading, the September 10 settlement, the early Asian intraday high and the September 14 trading level are distinct market observations, rather than like-for-like closing prices.
The subsequent $107.51 a barrel reading showed that prices had retreated from the $110.19 peak but remained close to the September 10 settlement. The available figures point to a market still pricing elevated supply-security risk after the initial jump.
Saudi Arabia’s East-West Pipeline shutdown focused supply concerns
Fresh attacks on Saudi infrastructure heightened concern over export security, while fears of disruption at the Bab el-Mandeb Strait supported oil prices, ICIS reported. Those risks coincided with Brent’s move above $110 in early Asian trade on September 11.
Saudi Arabia’s Energy Ministry confirmed on Friday that it had shut the East-West Pipeline as a precautionary measure after multiple attacks on the line, according to EBC Financial Group. The September 14 Brent reading came with the pipeline still shut.
The closed route had carried 4 million to 5 million barrels a day
Before the closure, the East-West Pipeline had carried 4 million to 5 million barrels a day, equivalent to 4% to 5% of world supply, according to ship-tracking companies and analysts cited by EBC Financial Group. That reported scale explains why the precautionary shutdown became a focal point for oil traders even after Brent eased from its September 11 intraday high.
With Brent at $107.51 a barrel on September 14, the market’s immediate focus remained on whether supply concerns surrounding the closed Saudi route and regional export security would persist.
