Brent Crude Hits Above $106 a Barrel for First Time Since September 29 on ICE

As of 12:42 p.m. Moscow time, Brent crude reached $106.02 a barrel.

Moscow, October 12. /TASS/. Brent crude oil futures for December 2026 delivery on London's ICE rose above $106 a barrel for the first time since September 29, 2026, according to trade data.

As of 12:42 p.m. Moscow time (9:42 a.m. GMT), Brent rose 1.24 percent to $106.02 a barrel.

By 12:55 p.m. Moscow time (9:55 a.m. GMT), Brent crude was down 1.11 percent at $105.88 a barrel. Meanwhile, WTI crude oil futures for November 2026 delivery rose 1.16 percent to $92.92 a barrel.