Canada Commodities: Oil Prices Mixed as Middle East Fighting Continues; Gold Climbs

09:48 AM EDT, 10/15/2026 (MT Newswires) -- Oil prices were mixed Thursday morning even as fighting continued in the Middle East and two container ships in the Strait of Hormuz were struck by projectiles. West Texas Intermediate November crude oil futures, the US benchmark, rose 1.1% to $96.13 per barrel. December Brent oil futures, the international benchmark, fell 1% to $105.00 a barrel. Comex gold December futures advanced 1.7%, to to $4,178.40 per ounce as bond yields edged down. US 10-year treasury yields fell 1.34 basis points to 5.056%, while 30-year yields fell 0.122 basis points to 5.402%. In economic news, the Producer Price Index increased a seasonally-adjusted 1.3% in September, the largest since the 1.7% jump in March 2022, the Bureau of Labor Statistics said. On an unadjusted basis, the index climbed 6.3% for the 12-months ended in September. In agricultural commodities, December wheat futures climbed 0.4% to $6.75 per bushel, while canola futures for November fell 0.9% to CA$817.70 per tonne.