The price of Brent oil for October 2024 rose by 0.55% to $80.72 per barrel on the ICE London Intercontinental Exchange.
On the New York NYMEX commodity exchange, the price of a barrel of WTI oil for September export increased by 0.51%, reaching $77.55 per barrel.
These price changes are driven by various factors, including global supply dynamics, economic conditions, geopolitical events, and market sentiment.