Brent oil price on ICE tops $87 per barrel first time since August 11

MOSCOW: The price of a futures contract for Brent crude oil with November delivery rose above $87 per barrel on London’s ICE for the first t...

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MOSCOW: The price of a futures contract for Brent crude oil with November delivery rose above $87 per barrel on London’s ICE for the first time since August 11, 2023, according to trading data.

As of 4:26 a.m. Moscow time on Friday, the price of Brent rose by 0.21% to $87 per barrel.

By 4:41 a.m. Moscow time, Brent oil traded at $86.92 per barrel (+0.12%).

At the same time, futures for WTI crude oil for October delivery rose by 2.45% to $83.71 per barrel.

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