Brent Crude Breaks Above $110 Per Barrel as Prices Rise 2.2%

Brent crude oil climbed above $110 per barrel Monday, rising 2.2% from the previous trading session’s close in a move that adds a notable energy-market development for crypto traders.

The benchmark was quoted at $110.01 per barrel after crossing the $110 threshold. The gain was measured against the prior session’s closing price.

The move was recorded at 2:23 p.m. ET (18:23 UTC) on Oct. 12. The move places Brent crude above $110 per barrel, a development relevant to energy markets and crypto traders.