Brent Crude Rises 3.6% in 24 Hours to Top $112 a Barrel

Brent crude rose above $112 a barrel, putting energy-driven inflation and broader risk sentiment in focus for crypto traders as the oil benchmark recorded a 3.6% gain over 24 hours. Brent was quoted at $112.06 per barrel at 2:29 p.m. ET Friday (18:29 UTC). That put the price 6 cents above the $112 mark, while the 3.6% figure covered the preceding 24 hours. The quoted level and percentage describe separate parts of the move: the first is a price at one moment, and the second is the change across a full day. For crypto traders, the oil move brings energy costs into the discussion of inflation pressures and broader appetite for risk.

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