Brent Crude Rises Above $112 a Barrel for First Time Since May

Photo: TokenPost
Brent crude rose above $112 a barrel on Oct. 23 for the first time since May, lifting the global oil benchmark to a level it had not reached in several months. The move returned Brent above a threshold that had not been crossed since May. The price gained 2.66% on the day. Earlier milestones this year included two touches at $110 in March and moves above $80 and $95 in July. Brent crossed $107 in September and moved above $100 on Oct. 1. The latest crossing came less than a month after Brent moved above $100.
Source: TokenPost







