Eco
Oil prices experienced a significant rise during Thursday's trading session, with Brent crude futures surpassing the $113 per barrel mark for the first time since May 5, according to trading data. Brent crude futures for December delivery rose by 3.93%, reaching $113.10 per barrel. Meanwhile, West Texas Intermediate (WTI) crude futures for December delivery increased by 2.42%, hitting $99.50 per barrel, based on trading figures. This surge reflects investor attention to geopolitical developments and factors affecting crude supply and global demand levels. Markets are closely watching price movements in upcoming sessions, given the oil market's sensitivity to supply changes and global consumption forecasts.
