Brent Crude Jumps Above $101, Highest Since July

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Brent Crude Jumps Above $101, Highest Since July

Brent crude prices climbed above $101 per barrel during trading on September 9.

As of 13:38 GMT, November Brent futures on the ICE exchange were trading at $101.04 per barrel at the session’s high, marking a 3.37% increase from the previous close, The Caspian Post reports, citing Investing.com.

Brent had last traded at this level on July 24.

By 14:10 GMT, Brent had eased to $100.76 per barrel, still up 2.90%.

Meanwhile, WTI crude futures for delivery the following month rose to $95.76 per barrel, gaining 2.93%.

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Brent Crude Jumps Above $101, Highest Since July

Brent crude prices climbed above $101 per barrel during trading on September 9.