Latest News Updates From Damian J. Troise

Brent crude rose 2.7% to $116.24  a barrel, and the national average for a gallon of regular gas rose 2 cents to $4.29 on Oct. 23, compared with $3.07 a year ago.

The price for a barrel of Brent crude, the international standard, fell 1.8% to $96.10. It remains well above its level of roughly $72 a barrel before the war with Iran.

Brent crude, the international standard, fell 0.5% to $94.71 per barrel. It was trading at around $72 a barrel before the start of the war in late February.

Brent crude gained 4.6% to $94.65 a barrel on Sept. 1, as recurring violence in the Iran war after more than a month with no significant fighting heightened uncertainty over the future of the conflict.

Oil prices surged more than 3% after the U.S. strike on Aug. 30 broke a lull in fighting in a war that has lasted more than six months. Brent crude, the international standard, jumped 2.8%, to $90.59 a barrel.

A barrel of Brent crude oil, the international standard, slipped 0.6%, to $82.07. Brent rose nearly 4% on Aug. 6 as progress toward reopening the Strait of Hormuz remained unclear.

The price of Brent crude, the international standard, rose 3.9% to $82.55 a barrel amid uncertainty about the direction of the U.S. war with Iran.

Brent crude fell 0.3% to $79.15 per barrel on Aug. 5. On Aug. 4, it sank 5.3% as hopes rose for progress toward a full reopening of the Strait of Hormuz. 

The price of a barrel of Brent crude, the international standard, dropped 6.2% to $86.01.

After shooting to $102 per barrel a day earlier, Brent crude, the international standard, was down 5.1% to $95.55.