Brent crude futures dropped 92 cents, or 0.9%, to $103.36 a barrel, while US West Texas Intermediate fell 75 cents, or 0.8%, to $90.74 by 7.32 am WAT, according to Reuters. These were intraday prices.
Brent traded at $102.28 by 4.50 am Nigerian time, down three cents, while US West Texas Intermediate stood at $92.68, down 19 cents. Both were intraday prices reported by Reuters.
Brent crude futures fell $2.16, or 2.08 percent, to $101.71 a barrel by 0213 GMT, after touching their lowest level since September 10. US West Texas Intermediate crude declined $2.15, or 2.14 percent, to $98.15 a barrel.
Brent crude futures fell $2.67, or 2.5 percent, to $103.13 a barrel, from around $105 on Wednesday, according to Reuters. US West Texas Intermediate crude declined $1.61, or 1.6 percent, to $100.82 a barrel.
Brent crude, the international benchmark for oil trading, climbed about 2.7 percent to trade at approximately $100.57 per barrel for November delivery contracts, while the US benchmark, West Texas Intermediate (WTI), rose nearly 2 per cent to around $95 per barrel.
Brent crude futures climbed to an intraday high of $99.46 per barrel, its highest level since July 24, before easing to settle at $97.92. US West Texas Intermediate crude also rose to a six-week high, settling at $93.03 per barrel.
Brent crude, the global benchmark, rose 3.4 percent to $91.10 a barrel, while US West Texas Intermediate (WTI) gained 3.6 percent to $86.40, according to the latest market report.
April 07, (THEWILL) — The world's most significant crude benchmark, Dated Brent, which measures the real price of physical barrels of crude oil traded, has crossed $150pb according to S&P Global Energy Platts data.
THEWILL reports that the hike is...