Brent Crude Jumps 5.53% to Break Above $86 Per Barrel

Brent crude oil surged 5.53% to exceed $86 per barrel, marking the first breach since July 31, while WTI also climbed 5.3%.

Woofun AI data shows that Brent crude oil prices rose by 5.53% on the day, breaking through the $86 per barrel threshold for the first time since July 31. WTI crude also recorded a 5.3% increase.