Brent crude tops $104 per barrel on ICE for first time since September 29

The price of Brent crude oil futures for December 2026 delivery on the London-based ICE exchange rose above $104 per barrel for the first time since September 29 of this year, trading data showed.

As of 10:06 a.m. Moscow time, Brent crude was up 3.83%, trading at $104.04 per barrel.

By 10:11 a.m. Moscow time, Brent accelerated its gains to $104.07 per barrel (+3.86%). Meanwhile, WTI crude futures for November delivery rose by 3.55% to $91.41 per barrel.