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Oil Swings Near Five-Month High on Mideast Risk, Diesel Doubts

Summary by Business Times
Signs of resilient oil flows temper a rally driven by Gulf region tensions Read more at The Business Times.

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The cost of the Brent oil futures, delivered in December on the London ICE market, rose for the first time since 20 May to over $110 per barrel. By 20:50 ms, the value of the Brent oil barrel increased by 0.76 per cent to $110.7 per barrel, transfers TASS. By 21:01 ms the price of the Futures had slowed to $110.16 per barrel. At the same time, the WTI oil futures, delivered in November, had increased by 0.31 per cent, to $99.33 per barrel. Accor…

(Translation made by editorial staff Opinion through Artificial Intelligence) * According to market data, futures on Brent oil with delivery in December 2026 exceeded 110 dollars per barrel on London's ICE for the first time since 20 May of this year. Futures on the Brent have earned 0.76%, amounting to 110.7 dollars [...]

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vz.ru broke the news on Monday, October 19, 2026.
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