Brent oil tops $94/bbl on ICE first time since November 2022

Brent oil futures for November delivery reached the highest since November 16, 2022 on ICE in London, trading at more than $94 a barrel, data from the exchange show, Report informs via TASS.

Futures climbed by 2.05% to $94.08 a barrel at 00:13 a.m. Baku time, according to the data.

By 30:30 a.m. Baku time, Brent traded at $94.05 (+2.02%). At the same time, WTI futures for October delivery edged up by 1.87% to $90.6 a barrel.