Settlements as printed in the review: the dip came on talks in Tehran, the spike on Friday's tanker hit. Quote the January contract from Monday.
| Series | As printed |
|---|---|
| Brent — the Friday before the week | $116.72 |
| Brent — Tuesday settlement, the week's low | $113.88 |
| Brent — Wednesday settlement | $115.32 |
| Brent — December contract, Friday expiry | $117.64 |
| Brent — January contract, Friday settlement | $113.43 |
Source: Geopolitical & Policy Risk — The Week in Review, Nov 1 — What Moved, settlements as printed.
The Brent–WTI spread is Brent's premium over the US benchmark; the December–January gap is backwardation, the premium for prompt barrels.
| Reading, as printed | |
|---|---|
| Brent — December contract, Friday expiry | $117.64 |
| Brent — January contract, Friday settlement | $113.43 |
| WTI — December contract, Friday settlement | $104.12 |
| Brent–WTI spread — the closure priced into the seaborne grade | $13.52 |
| December–January gap — backwardation | $4.21 |
Source: Geopolitical & Policy Risk — The Week in Review, Nov 1 — the oil card and What Moved, as printed.
Friday's stock fall was a chip-earnings story, not a war story, as the review prints it; oil closed the month sharply higher.
| Series | As printed |
|---|---|
| Brent, December contract | +2.40% |
| WTI | +2.08% |
| S&P 500 | -1.82% |
| Nasdaq | -2.86% |
| Brent — the month | +13.6% |
| WTI — the month | 15.2% |
Source: Geopolitical & Policy Risk — The Week in Review, Nov 1 — the oil card and The Arc of the Week, as printed.
The bond market did the week's tightening while the Fed sat still: the 10-year borrowing rate travelled up on the hawkish hold, then eased into Friday.
| Series | As printed |
|---|---|
| 10-year US borrowing rate — Monday | 5.00% |
| 10-year US borrowing rate — Wednesday close | 5.05% |
| 10-year US borrowing rate — Friday close | 4.93% |
Source: Geopolitical & Policy Risk — The Week in Review, Nov 1 — What Moved, as printed.
Final count — nobody at 61; results go to the president on Wednesday and coalition talks follow, as the review prints the count.
Compare note: in the Against the line view, bars that fall short of 61 — needed to govern are dimmed; every figure is unchanged.
| Series | As printed |
|---|---|
| Netanyahu's bloc | 53 |
| The opposition | 48 |
| Arab-led parties | 19 |
Source: Geopolitical & Policy Risk — The Week in Review, Nov 1 — the week at a glance and the regime matrix, as printed.
On the record, and scored next Saturday: the desk calls Brent's January contract to end next week inside the band on this panel — outside it, in either direction, and the desk was wrong. The January settlement at $113.43 is the starting point.
| Series | As printed |
|---|---|
| Brent, January contract — the desk's range for next week | $106 → $120 |
Source: Geopolitical & Policy Risk — The Week in Review, Nov 1 — The Week Ahead, the desk's call as printed.
Every figure exactly as the review prints it: Friday's closes, the strait count, and the week's pay prints.
| Reading, as printed | |
|---|---|
| S&P 500 — Friday close | 7,580.07 |
| Nasdaq — Friday close | 25,437.00 |
| VIX — Friday close | 19.42 |
| Gold, December contract — Friday close | $3,898.90 |
| Hormuz transits — October 25 | 2 |
| US labour costs — third-quarter rise | +0.8% |
| Pay adjusted for inflation — over the year | -0.6% |
| Ibovespa — Monday's fall on the Brazil result | 13.88% |
Source: Geopolitical & Policy Risk — The Week in Review, Nov 1 — the week at a glance and The Arc of the Week, as printed.