Business · Energy & Commodities · 4 hrs ago
Oil prices rise more than 2%, with Brent settling at $117.64 a barrel
Oil prices rose more than 2% on Friday, reaching their highest settlement levels since late April.
Brent crude for December delivery settled at $117.64 a barrel, after touching $118.
Brent is a global oil benchmark, while West Texas Intermediate is a US benchmark.
US West Texas Intermediate settled at $104.12 a barrel, up $2.12.
Brent gained 13.6% over the month, and US crude rose 15.2%, showing that both benchmarks had a strong month.
The figures show where prices ended Friday; no further price movements or causes are given.
Oil prices rose more than 2% on Friday evening, reaching their highest settlement levels since late April.
December Brent futures settled at $117.64 a barrel, up $2.76, or 2.4%.
The December Brent contract touched $118 a barrel during trading.
The more actively traded January Brent contract rose $2.63 to $113.43 a barrel.
U.S. West Texas Intermediate futures gained $2.12, or 2.08%, to settle at $104.12.
- Who
- Brent and U.S. West Texas Intermediate crude oil futures.
- What
- Prices rose more than 2%. December Brent settled at $117.64 a barrel.
- When
- Friday evening; the article was published on October 30, 2026.
- Where
- Not stated.
- Why
- Not stated.
This story does not have two clearly opposing sides.
Oil prices rose more than 2%, reaching their highest settlement levels since late April.
December Brent settled at $117.64 a barrel after touching $118.
- December Brent settlement
- $117.64 a barrel
- December Brent daily gain
- $2.76, or 2.4%
- December Brent intraday high
- $118 a barrel
- January Brent price
- $113.43 a barrel
- U.S. West Texas Intermediate settlement
- $104.12 a barrel