E-Paper | October 03, 2026

US oil contract WTI up 5pc briefly over $100 per barrel

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Benchmark US oil contract West Texas Intermediate (WTI) briefly rose more than 5 per cent to over $100 a barrel on fears for global supplies during the Middle East war, Al Jazeera reports.

At 1605 GMT (9:05pm PKT), the WTI price for delivery in April rose 2.29pc to $98.53 per barrel, while international oil benchmark Brent North Sea crude gained 2.01pc to $109.54 per barrel.

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