Daily commodity brief

Brief for Oct 16, 2026

Energy, daily spot prices

• Henry Hub natural gas rose 2.5% to $3.22 per million Btu on Oct 14, 2026, from $3.14 on Oct 13, 2026. Source: EIA via FRED, daily.
• WTI crude oil rose 1.0% to 01.91 per barrel on Oct 14, 2026, from 00.86 on Oct 13, 2026. Source: EIA via FRED, daily.
• Brent crude oil rose 0.6% to 26.55 per barrel on Oct 14, 2026, from 25.78 on Oct 13, 2026. Source: EIA via FRED, daily.

Spreads

• Brent minus WTI: Brent's spot price was 4.64 per barrel above WTI's on Oct 14, 2026 (Oct 13, 2026: 4.92). Source: EIA via FRED, daily.
• Gold/silver ratio: in the September 2026 monthly averages, one troy ounce of gold cost as much as 66.9 troy ounces of silver (August 2026: 67.4). Source: World Bank, monthly averages.

U.S. Treasury yield curve

• The 10-year par yield was 5.09% on Oct 16, 2026, down 1 basis point from Oct 15, 2026. (A basis point is 0.01 percentage point.)
• 10-year minus 2-year: +0.35 percentage points (previous day +0.33).
• 10-year minus 3-month: +0.83 percentage points (previous day +0.82).
• The largest one-day change on the curve was the 1 Mo yield, down 5 basis points.

Source: U.S. Treasury, daily par yield curve rates, Oct 16, 2026 vs Oct 15, 2026.

Currencies against the U.S. dollar

• New Zealand Dollar (NZD): 1 USD = 1.7656 NZD on Oct 16, 2026, −1.12% from Oct 15, 2026.
• South Korean Won (KRW): 1 USD = 1,332.1 KRW on Oct 16, 2026, −1.03% from Oct 15, 2026.
• Swiss Franc (CHF): 1 USD = 0.824 CHF on Oct 16, 2026, −0.75% from Oct 15, 2026.

Cross rates derived from ECB euro reference rates (published around 16:00 CET on working days, for information purposes).

Monthly averages: September 2026

The World Bank publishes these once a month, as averages for the whole month. They are not today's prices. Largest changes from August 2026 among 30 series:

• Natural gas, Europe +20.4% to 5.42 per million Btu.
• Coffee, Arabica −8.9% to $7.26 per kg.
• Coal, Australia +8.8% to 47.10 per metric ton.
• Soybeans +8.7% to $524.00 per metric ton.
• Sugar, world +7.9% to $0.41 per kg.

Source: World Bank. CC BY 4.0.

Not investment advice. This brief describes published prices; it is the same for every reader and is not a recommendation to buy or sell anything. We do not hold funds or execute trades.

U.S. Treasury yield curve

• The 10-year par yield was 5.10% on Oct 15, 2026, down 9 basis points from Oct 14, 2026. (A basis point is 0.01 percentage point.)
• 10-year minus 2-year: +0.33 percentage points (previous day +0.37).
• 10-year minus 3-month: +0.82 percentage points (previous day +0.91).
• The largest one-day change on the curve was the 5 Yr yield, down 9 basis points.

Source: U.S. Treasury, daily par yield curve rates, Oct 15, 2026 vs Oct 14, 2026.

Currencies against the U.S. dollar

• Australian Dollar (AUD): 1 USD = 1.447 AUD on Oct 15, 2026, +1.43% from Oct 14, 2026.
• Mexican Peso (MXN): 1 USD = 18.52 MXN on Oct 15, 2026, +0.85% from Oct 14, 2026.
• Israeli New Shekel (ILS): 1 USD = 3.1022 ILS on Oct 15, 2026, +0.83% from Oct 14, 2026.

Cross rates derived from ECB euro reference rates (published around 16:00 CET on working days, for information purposes).

Monthly averages: September 2026

The World Bank publishes these once a month, as averages for the whole month. They are not today's prices. Largest changes from August 2026 among 30 series:

• Natural gas, Europe +20.4% to 5.42 per million Btu.
• Coffee, Arabica −8.9% to $7.26 per kg.
• Coal, Australia +8.8% to 47.10 per metric ton.
• Soybeans +8.7% to $524.00 per metric ton.
• Sugar, world +7.9% to $0.41 per kg.

Source: World Bank. CC BY 4.0.

Not investment advice. This brief describes published prices; it is the same for every reader and is not a recommendation to buy or sell anything. We do not hold funds or execute trades.

Spreads

• Brent minus WTI: Brent's spot price was 9.20 per barrel above WTI's on Oct 6, 2026 (Oct 5, 2026: 9.38). Source: EIA via FRED, daily.
• Gold/silver ratio: in the September 2026 monthly averages, one troy ounce of gold cost as much as 66.9 troy ounces of silver (August 2026: 67.4). Source: World Bank, monthly averages.

U.S. Treasury yield curve

• The 10-year par yield was 5.19% on Oct 14, 2026, down 2 basis points from Oct 13, 2026. (A basis point is 0.01 percentage point.)
• 10-year minus 2-year: +0.37 percentage points (previous day +0.42).
• 10-year minus 3-month: +0.91 percentage points (previous day +0.95).
• The largest one-day change on the curve was the 1 Yr yield, up 5 basis points.

Source: U.S. Treasury, daily par yield curve rates, Oct 14, 2026 vs Oct 13, 2026.

Currencies against the U.S. dollar

• Norwegian Krone (NOK): 1 USD = 9.4716 NOK on Oct 14, 2026, −0.67% from Oct 13, 2026.
• Australian Dollar (AUD): 1 USD = 1.4266 AUD on Oct 14, 2026, −0.45% from Oct 13, 2026.
• South Korean Won (KRW): 1 USD = 1,336.79 KRW on Oct 14, 2026, −0.35% from Oct 13, 2026.

Cross rates derived from ECB euro reference rates (published around 16:00 CET on working days, for information purposes).

Monthly averages: September 2026

The World Bank publishes these once a month, as averages for the whole month. They are not today's prices. Largest changes from August 2026 among 30 series:

• Natural gas, Europe +20.4% to 5.42 per million Btu.
• Coffee, Arabica −8.9% to $7.26 per kg.
• Coal, Australia +8.8% to 47.10 per metric ton.
• Soybeans +8.7% to $524.00 per metric ton.
• Sugar, world +7.9% to $0.41 per kg.

Source: World Bank. CC BY 4.0.

Not investment advice. This brief describes published prices; it is the same for every reader and is not a recommendation to buy or sell anything. We do not hold funds or execute trades.

Spreads

• Brent minus WTI: Brent's spot price was 9.20 per barrel above WTI's on Oct 6, 2026 (Oct 5, 2026: 9.38). Source: EIA via FRED, daily.
• Gold/silver ratio: in the September 2026 monthly averages, one troy ounce of gold cost as much as 66.9 troy ounces of silver (August 2026: 67.4). Source: World Bank, monthly averages.

U.S. Treasury yield curve

• The 10-year par yield was 5.21% on Oct 13, 2026, down 3 basis points from Oct 9, 2026. (A basis point is 0.01 percentage point.)
• 10-year minus 2-year: +0.42 percentage points (previous day +0.44).
• 10-year minus 3-month: +0.95 percentage points (previous day +0.99).
• The largest one-day change on the curve was the 20 Yr yield, down 5 basis points.

Source: U.S. Treasury, daily par yield curve rates, Oct 13, 2026 vs Oct 9, 2026.

Currencies against the U.S. dollar

• South Korean Won (KRW): 1 USD = 1,341.45 KRW on Oct 13, 2026, +0.63% from Oct 12, 2026.
• Indian Rupee (INR): 1 USD = 95.28 INR on Oct 13, 2026, −0.52% from Oct 12, 2026.
• Brazilian Real (BRL): 1 USD = 5.0165 BRL on Oct 13, 2026, +0.49% from Oct 12, 2026.

Cross rates derived from ECB euro reference rates (published around 16:00 CET on working days, for information purposes).

Monthly averages: September 2026

The World Bank publishes these once a month, as averages for the whole month. They are not today's prices. Largest changes from August 2026 among 30 series:

• Natural gas, Europe +20.4% to 5.42 per million Btu.
• Coffee, Arabica −8.9% to $7.26 per kg.
• Coal, Australia +8.8% to 47.10 per metric ton.
• Soybeans +8.7% to $524.00 per metric ton.
• Sugar, world +7.9% to $0.41 per kg.

Source: World Bank. CC BY 4.0.

Not investment advice. This brief describes published prices; it is the same for every reader and is not a recommendation to buy or sell anything. We do not hold funds or execute trades.

Spreads

• Brent minus WTI: Brent's spot price was 9.20 per barrel above WTI's on Oct 6, 2026 (Oct 5, 2026: 9.38). Source: EIA via FRED, daily.
• Gold/silver ratio: in the September 2026 monthly averages, one troy ounce of gold cost as much as 66.9 troy ounces of silver (August 2026: 67.4). Source: World Bank, monthly averages.

U.S. Treasury yield curve

• The 10-year par yield was 5.24% on Oct 9, 2026, up 2 basis points from Oct 8, 2026. (A basis point is 0.01 percentage point.)
• 10-year minus 2-year: +0.44 percentage points (previous day +0.47).
• 10-year minus 3-month: +0.99 percentage points (previous day +0.99).
• The largest one-day change on the curve was the 2 Yr yield, up 5 basis points.

Source: U.S. Treasury, daily par yield curve rates, Oct 9, 2026 vs Oct 8, 2026.

Currencies against the U.S. dollar

• South Korean Won (KRW): 1 USD = 1,341.45 KRW on Oct 13, 2026, +0.63% from Oct 12, 2026.
• Indian Rupee (INR): 1 USD = 95.28 INR on Oct 13, 2026, −0.52% from Oct 12, 2026.
• Brazilian Real (BRL): 1 USD = 5.0165 BRL on Oct 13, 2026, +0.49% from Oct 12, 2026.

Cross rates derived from ECB euro reference rates (published around 16:00 CET on working days, for information purposes).

Monthly averages: September 2026

The World Bank publishes these once a month, as averages for the whole month. They are not today's prices. Largest changes from August 2026 among 30 series:

• Natural gas, Europe +20.4% to 5.42 per million Btu.
• Coffee, Arabica −8.9% to $7.26 per kg.
• Coal, Australia +8.8% to 47.10 per metric ton.
• Soybeans +8.7% to $524.00 per metric ton.
• Sugar, world +7.9% to $0.41 per kg.

Source: World Bank. CC BY 4.0.

Not investment advice. This brief describes published prices; it is the same for every reader and is not a recommendation to buy or sell anything. We do not hold funds or execute trades.

Spreads

• Brent minus WTI: Brent's spot price was 9.20 per barrel above WTI's on Oct 6, 2026 (Oct 5, 2026: 9.38). Source: EIA via FRED, daily.
• Gold/silver ratio: in the December 2024 monthly averages, one troy ounce of gold cost as much as 86.1 troy ounces of silver (November 2024: 85.3). Source: World Bank, monthly averages.

U.S. Treasury yield curve

• The 10-year par yield was 5.24% on Oct 9, 2026, up 2 basis points from Oct 8, 2026. (A basis point is 0.01 percentage point.)
• 10-year minus 2-year: +0.44 percentage points (previous day +0.47).
• 10-year minus 3-month: +0.99 percentage points (previous day +0.99).
• The largest one-day change on the curve was the 2 Yr yield, up 5 basis points.

Source: U.S. Treasury, daily par yield curve rates, Oct 9, 2026 vs Oct 8, 2026.

Currencies against the U.S. dollar

• South Korean Won (KRW): 1 USD = 1,341.45 KRW on Oct 13, 2026, +0.63% from Oct 12, 2026.
• Indian Rupee (INR): 1 USD = 95.28 INR on Oct 13, 2026, −0.52% from Oct 12, 2026.
• Brazilian Real (BRL): 1 USD = 5.0165 BRL on Oct 13, 2026, +0.49% from Oct 12, 2026.

Cross rates derived from ECB euro reference rates (published around 16:00 CET on working days, for information purposes).

Monthly averages: December 2024

The World Bank publishes these once a month, as averages for the whole month. They are not today's prices. Largest changes from November 2024 among 30 series:

• Cocoa +30.7% to 0.32 per kg.
• Coffee, Arabica +12.6% to $7.569 per kg.
• Coal, Australia −8.7% to 29.81 per metric ton.
• Soybeans −6.1% to $409.27 per metric ton.
• Coffee, Robusta +4.7% to $5.219 per kg.

Source: World Bank. CC BY 4.0.

Not investment advice. This brief describes published prices; it is the same for every reader and is not a recommendation to buy or sell anything. We do not hold funds or execute trades.