TREE NEWS reports: Brent crude rose 3.6% to $108.38 a barrel, while West Texas Intermediate gained 3.3% to $103.39 a barrel as international oil prices continued to climb. Both benchmarks extended their advance, with Brent holding above $108 and WTI above $103.
Brent crude rises 3.6% to $108.38 as oil prices climb
The move matters less for the headline percentage than for the level: Brent back above $108 and WTI above $103 puts crude in a range that tends to feed through to freight, fuel and input costs across the real economy, not just energy desks. For crypto and RWA markets, the transmission channel is macro — sustained oil strength complicates the disinflation narrative that risk assets have leaned on. Whether both benchmarks hold these levels, or this is a single-session extension, is the open question.
Generated by AI for reference only.
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