Brent Crude Settles at $109.86 as WTI Closes Above $100

Brent crude futures settled at $109.86 a barrel Friday, while U.S. benchmark West Texas Intermediate closed above $100, extending weekly gains in both contracts after recovering from early losses. Brent rose $3.94, or 3.7%, for the day. WTI settled at $101.41 per barrel, up $3.44, or 3.5%. Brent’s settlement was its highest since May 19, while WTI’s was its highest since Sept. 17. Over the week, Brent gained 4.9% and WTI rose 10.4%. These are daily futures settlements, not continuously updated prices. At 2:23 a.m. ET (06:23 UTC), Brent was down 0.47% at $105.42 per barrel, and WTI was down 0.50% at $97.48. By 12:41 p.m. ET (16:41 UTC), Brent had reached $109.34 and WTI $100.67. U.S.

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