Global oil prices rose up to 2.6 percent, with Brent crude surpassing $91 per barrel for the first time since June 11.
AI will summarize what happened, why it matters and what it means for business.
The price of September futures for Brent crude oil rose 2.59 percent from the previous close to $90.38 per barrel. Earlier during trading, the benchmark exceeded $91 for the first time since June 11, reaching a high of $91.41.
September futures for WTI crude oil rose 2.32 percent to $83.68 per barrel.
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Brent crude fell below $91
Brent crude exceeded $91 for the first time since June 11