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23.10.2026 11:58
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23.10.2026
ECONOMY
09:52

Brent crude price “soars,” hitting $114 per barrel

On a weekly basis, it is on track for a 4% increase
ALPHANEWSLIVE


The price of Brent crude stood at $114 per barrel on Friday morning, continuing the upward trend seen this week as a result of supply concerns following new Houthi attacks on energy facilities in Saudi Arabia.

Brent crude oil futures are up another 1%, to $114.37 per barrel, while U.S. WTI crude is up 1.25% to $100.74 per barrel.

On a weekly basis, Brent is up 4% and U.S. crude is up 1.8%.

SEE ALSO: Airfare: How Much Are Prices Expected to Rise Due to Fuel Costs | AlphaNews

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