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Brent oil prices jump over $80 first time since Aug 2

 Published: 16:34, 12 August 2024

Brent oil prices jump over $80 first time since Aug 2

Brent oil futures with delivery in August moved up above $80 per barrel on the London-based ICE for the first time since August 2, according to market data.

Brent futures had gained 0.72 per cent to $80.03 a barrel.

By 07:20 a.m. GMT, Brent crude futures accelerated its growth and reached $80.17 (+0.89%). WTI crude futures added 0.68% and reached $77.5 per barrel.