Brent surges to $110.84, WTI reaches $98.64

Crude oil futures posted sharp gains across major international commodity exchanges. On London's ICE Futures Europe, the price of December 2026 contracts for Brent crude advanced 1.86% to settle at $110.84 per barrel.

Concurrently, December contracts for WTI crude on the New York Mercantile Exchange (NYMEX) rose 1.53%, reaching $98.64 per barrel.

N.Tebrizli