The price of November 2026 Brent crude futures on London’s ICE exchange rose above $107 per barrel for the first time since September 16, 2026, according to trading data.
The data indicated that as of 18:57, Brent was up 3.89% at $107.09 per barrel.
By 19:02, Brent had accelerated its gains to reach $107.20 per barrel, up 4%.
Meanwhile, November WTI crude futures rose 3.91% to $95.76 per barrel.
By Bakhtiyar Abbasov
