Brent crude oil tops $109 per barrel for first time since September 15

As of 07:34 p.m. Moscow time, the price of Brent crude grew by 3.18% and reached $109.29 per barrelMOSCOW, October 16. /TASS/. The price of Brent crude oil futures for December 2026 delivery on the London-based ICE exchange has climbed above $109 per barrel for the first time since September 15, according to trading data. As of 07:34 p.m. Moscow time, Brent crude rose 3.18% to reach $109.29 per barrel. By 07:39 p.m. Moscow time, the price accelerated its gains to $109.30 per barrel (+3.19%). Meanwhile, WTI crude oil futures for November delivery grew by 2.07%, trading at $98.50 per barrel.