Friday, October 23, 2026

Price of Brent oil up above $114 per barrel on ICE first since May

The price of futures contracts of Brent crude oil for December 2026 delivery on London’s ICE has risen above $114 per barrel for the first time since May 5, 2026, according to trade data.

As of 4:52 a.m. Moscow time (1:52 a.m. GMT), the Brent price was up by 0.78% at $114.05 a barrel.

By 5:01 a.m. Moscow time (2:01 a.m. GMT), the price of Brent had extended gains to 1.37% reaching $114.72 per barrel. 

Meanwhile the price of futures contracts of WTI crude oil for November 2026 delivery was up by 3.93% at $100.97 per barrel.

ℹ️ Content Notice: This text is an English translation and factual adaptation of news events, edited for clarity, neutrality and objective reporting.
Source of information: Global News Agencies including REUTERS / TASS / AFP / ANADOLU / INT.RU / Al Jazeera / CNN

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