Russia

Brent crude oil price on the ICE exchange rises by more than 3%

TASS English · 2026-08-06

AI SUMMARY

• What happened: The price of Brent crude oil futures for October delivery rose by over 3%, reaching $81.91 per barrel, while WTI crude oil futures for September delivery increased by 2.5% to $77.1 per barrel. • Why it matters: The rise in oil prices can impact global markets, inflation rates, and energy costs, influencing economic conditions worldwide. • What to watch next: Monitor further developments in oil prices and any geopolitical factors that may affect supply and demand in the coming weeks.

Brent crude oil price on the ICE exchange rises by more than 3% The price of WTI crude oil futures for September delivery rose by 2.5%MOSCOW, August 6. /TASS/. The price of Brent crude oil futures for October delivery on London's ICE exchange rose by more than 3%, as evidenced by trading data. As of 6:22 p.m. Moscow time (3:22 p.m. GMT), the price of Brent crude oil rose by 3%, to $81.83 per barrel. By 6:35 p.m. Moscow time (3:22 p.m. GMT), the price of Brent crude oil accelerated to $81.91 per barrel (up 3.1%). Meanwhile, the price of WTI crude oil futures for September delivery rose by 2.5%, to $77.1 per barrel. 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Source: TASS English
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