
Brent crude oil futures for December 2026 delivery on London's ICE rose above $106 per barrel, reaching $106.02 before narrowing gains to $105.88, while WTI crude also increased.
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Brent crude futures surpassed $106 per barrel for the first time since September 29, 2026.
MOSCOW, October 12. /TASS/. The price of futures contracts of Brent crude oil for December 2026 delivery on London’s ICE has risen above $106 per barrel for the first time since September 29, 2026, according to trade data.
As of 12:42 p.m. Moscow time (9:42 a.m. GMT), the Brent price was up by 1.24% at $106.02 a barrel.
By 12:55 p.m. Moscow time (9:55 a.m. GMT), the price of Brent had narrowed gains to 1.11% reaching $105.88 per barrel. Meanwhile the price of futures contracts of WTI crude oil for November 2026 delivery was up by 1.16% at $92.92 per barrel.

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