Crude oil benchmarks closed modestly higher on Oct. 26, approaching the end of a month in which volatility in global stock markets caused swings back and forth from steep losses to small gains. Analysts said the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite were on track for their worst month in more than 8 years. Brent crude oil prices on the London market have dropped more than 10% from 4-year highs in early October.

Source: News