Brent Crude Rises Above $108 a Barrel as Price Gains 0.6%

Brent crude traded at $108.26 a barrel early Monday, extending the benchmark above the $108 level as it gained 0.6% from the previous trading session’s close.

The price was recorded at 4:56 a.m. ET (08:56 UTC) on Oct. 12. The move follows a recent Brent crude rebound to $108.03 a barrel on Oct. 9.

Brent crude is quoted in U.S. dollars per barrel.