Business · Energy & Commodities · 1 hr ago
Brent crude rises above $110 a barrel
Brent crude futures rose above $110 a barrel on October 19, their first move above that level since May 20, according to market data.
Brent is an international benchmark for crude oil, and its December 2026 futures were trading on the ICE exchange in London.
Brent was quoted at $110.89 on October 20, up 1.22% that morning, in a separate market update.
US benchmark crude, known as WTI, also rose, reaching $104.11 a barrel on October 20 after closing at $103.60 the previous day.
The two updates give different WTI prices: the October 19 update put November futures at $99.33, while the October 20 update cited $104.11.
The updates show oil prices moving higher, but they do not say what caused the rise or what happens next.
Brent crude futures rose above $110 a barrel on October 19 and remained above that level in trading reported the next morning.
December 2026 Brent futures on the ICE reached $110.7 a barrel before easing to $110.2, according to TASS.
On October 20, ANSA reported Brent at $110.89 a barrel, up 1.22%.
WTI futures also rose, reaching $99.33 on October 19 and $104.11 on October 20, according to the reports.
- Who
- Brent crude futures and WTI futures.
- What
- Brent rose above $110 a barrel. WTI also gained.
- When
- October 19 and the morning of October 20, 2026.
- Where
- Brent futures traded on the London-based ICE; the reports describe oil-market trading.
- Why
- Not stated.
This story does not have two clearly opposing sides.
December Brent futures rose above $110 a barrel on the ICE for the first time since May 20, according to TASS.
ANSA reported Brent at $110.89 a barrel, up 1.22%.
- Brent, October 19
- $110.7 a barrel at its reported high
- Brent, October 20
- $110.89 a barrel, up 1.22%
- WTI, October 19
- $99.33 a barrel
- WTI, October 20
- $104.11 a barrel