Brent price exceeded $107 for the first time since May 21

Brent price exceeded $107 for the first time since May 21
Economy 0

The price of Brent crude oil futures for November delivery on the London ICE exchange rose above 107 dollars per barrel for the first time since May 21, 2026.

This is evidenced by trading data.

As of 19:57 Baku time, the price of Brent was rising by 5.77%, to 107.05 dollars per barrel.

By 20:01 Baku time, the price of Brent slowed its growth to 106.91 dollars per barrel (+5.63%). At the same time, the price of WTI crude oil futures for October delivery was rising by 5.65%, to 101.48 dollars per barrel.

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