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Brent Crude Rises Above $108 a Barrel as Price Gains 0.6%

Summary by TokenPost
The benchmark reached $108.26 a barrel at 4:56 a.m. ET (08:56 UTC) on Oct. 12.

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For the first time since September 16th.

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At the beginning of the new week, world hydrocarbon prices show a marked increase, Brent's price crossed the $106 per barrel mark for the first time since mid-September. World energy prices show strong growth against the backdrop of the beginning of the new trade week. The December Brent oil futures increased by 1.28 per cent compared to the previous closure and reached $106.06 per barrel, transmitting RIA News. According to the bid data, quotat…

As global oil prices gain momentum, Brent crude climbed above $107 per barrel for the first time since September 16. (October 12, 2026, Sputnik Türkiye)

The value of Brent's oil reached $106 per barrel again, peaking on September 29, 2026, as evidenced by the December futures trade at the ICE London Exchange.

World oil prices have risen markedly since the beginning of the new week, and for the first time since 17 September, Brent's price has exceeded $106 per barrel, according to data... ~ 12.10.2026, PRIM

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TokenPost broke the news on Monday, October 12, 2026.
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