Brent and WTI crude futures rise more than 5%

In short

Brent and WTI crude oil futures rose more than 5% during trading on October 8, Chinese outlets reported. Jiemian quoted Brent at $105.407 a barrel and WTI at $92.771 a barrel.

Why it matters

The reports show gains exceeding 5% in both Brent and WTI futures. They provide price snapshots without explaining the cause of the rise.

Key facts

• Jiemian reported WTI futures up 5.09% at $92.771 a barrel. [ 16 ]
• Jiemian reported Brent futures up 5.20% at $105.407 a barrel. [ 16 ]
• An earlier CLS dispatch quoted Brent up 5% at $105.271 a barrel. [ 14 ]

What local media are saying

Timeline, local time

1. 18:33CLS quoted Brent at $105.271 a barrel, up 5%. [ 14 ]
2. 18:52Jiemian quoted WTI up 5.09% and Brent up 5.20%. [ 16 ]
3. 19:40Xinhua reported international crude futures up more than 5%. [ 17 ]