Commodities

Brent Oil Surges Past $101 as Supply Concerns Intensify

Guavy AI Editorial Team Published October 7, 2026

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Oil Natural Gas

Brent crude oil prices climbed past $101 per barrel on Wednesday, driven by growing supply concerns that overshadowed recent increases in Middle Eastern oil production. Brent crude rose 1.02% to $101.60, while WTI crude gained 1.05% to $90.38 as market worries focused on potential disruptions in…

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