Brent crude tops 105 dollars for first time since May

Brent crude tops 105 dollars for first time since May
© Photo: Lev Lyubinov/ Vestnik Kavkaza

Brent crude oil rose above $105 per barrel on Wednesday for the first time since May 22, climbing nearly 4.5% on London's ICE exchange.

By 15:28 Moscow time, November Brent futures traded at $105.04, reaching $105.70 by 15:34, showing a 4.44% increase from the previous close.

US benchmark WTI also broke the $100 mark for the first time since May 21, with October futures rising 4.48% to $100.35 per barrel.

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