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    Brent crude tops $96 as oil hits six-week high

    Prices climbed more than 2% on Thursday, extending a rally that added over $3 in the previous session.

    Staff Writer
    Staff Writer
    Offshore oil platform in urban harbor, showcasing industrial scenery and oceanic platform structure.

    Article summary

    AI Generated

    Brent crude futures climbed 2% to $96 a barrel on Thursday, their highest level since June 8. The move extended Wednesday's session, which closed up more than $3 at $94.07.

    Key points

    • Brent crude rose 2% to $96 a barrel on Thursday
    • Price hit its highest level since June 8
    • Wednesday's session closed up more than $3 at $94.07

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    Oil prices rose more than 1.5% on Thursday to reach their highest level in over six weeks, with Brent crude futures climbing $1.93, or 2%, to $96 a barrel by 00:11 GMT. That marks the highest price since June 8.

    The move extended Wednesday’s gains, when Brent closed up more than $3 at $94.07 a barrel.

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