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Brent Crude Rises 4.1% as WTI Gains 3.9%, Raising Inflation Risks

Summary by TokenPost
Brent futures reached $104.33 while WTI crude rose to $91.70 on Oct. 8, as possible U.S. military operations involving Iran added market uncertainty.

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Oil prices engage reverse after US reassurances on a possible next military attack against Iran. The Brent backs 1,27% to 102.9 dollars while the Wti loses 1.33% to 90.3 dollars. (ANSA). (ANSA)

·Rome, Italy
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Right

Today, Thursday, October 16, 2021, the price of a barrel of Brent oil traded at $104.419 on the global market.

·Tehran, Iran (Islamic Republic of)
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Oil prices rose on the world market as concerns about the ongoing US war against Iran in the Middle East resurfaced. Oil prices in the world market closed with a rise of about 4%, according to reports. Brent crude oil futures are priced at $4.08, i.e. 4.1 [...]

Oil prices recorded small losses on Friday, after the 4% "jump" they recorded on Thursday.

Expectations of de-escalation ease supply pressures

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TokenPost broke the news on Thursday, October 8, 2026.
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