{
  "id": 14084155,
  "title": "Oil Fund Jumps 1.91% as YPF Rises 3.86% | Oil, Oct 12",
  "url": "https://urgent.news/2026/10/13/oil-fund-jumps-1-91-as-ypf-rises-3-86-oil-oct-12",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T00:44:10.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/oil-markets-latam-monday-october-12-2026/"
  },
  "original_language": "en",
  "account": "Oil prices climbed on Monday, October 12, 2026, as tracked by the US oil fund USO, which rose 1.91% to US$151.03. Latin American oil producers also gained, with Argentina's YPF leading the charge at 3.86% to US$51.97. Colombia's Ecopetrol added 1.71% to US$17.23, while Brazil's Petrobras increased by 0.47% to US$25.42. Despite the gains, it remains unclear which specific factor drove the price increase, as the market still grapples with supply risks following recent incidents near the Strait of Hormuz and Saudi Arabia. Factors such as WTI breaking above US$95 or Brent surpassing US$90 could signal further gains. Investors and traders closely monitor prediction markets, like Polymarket, which have given a 75.5% chance of WTI reaching US$95 in October and a 40.5% chance of reaching US$100.",
  "summary": "The USO oil fund rose 1.91% on Monday 12 October as YPF gained 3.86%, Ecopetrol 1.71% and Petrobras 0.47% in New York trading. The post Oil Fund Jumps 1.91% as YPF Rises 3.86% | Oil, Oct 12 appeared first on The Rio Times .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}