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via economictimes.indiatimes.comMarkets

Oil Nears $110 as Fresh Attacks Outweigh Easing Russian Sanctions

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Brent crude futures gained 21 cents, or 0.20, to $109.76 a barrel, while US West Texas Intermediate (WTI) crude futures for November delivery, which expire on Tuesday, rose 0.11% to $104 a barrel. Brent had climbed to $110.70 a barrel in the previous session, its highest level…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishCrude near recent highs affects inflation and energy, with relevance for commodity markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Brent crude gained 21 cents to $109.76 a barrel.
  2. 02WTI for November delivery rose 0.11% to $104 a barrel.
  3. 03Brent had climbed to $110.70 a barrel in the previous session.
  4. 04This is its highest level since May 20.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Brent Crude Oil (continuous future)COMMODITY:BRENTCommodity109.76 USD-0.27%today +0.19%Positive Crude Oil WTICOMMODITY:WTICommodity98.66 USD-0.23%today +0.12%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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