The Brent oil price for December delivery rose 0.64% to $84.57, according to the last update at 12:39 on October 8, 2023, in the London futures market.
The North Sea crude, a benchmark in Europe and Angola, ended the session on the International Exchange Futures trading at 54 cents above the $84.03 it closed at last Thursday. Brent rebounded on Friday after positive economic data from the United States was released, which improved expectations for demand.
However, the European crude oil barrel ended the week down 11.30% compared to the previous week’s closing value.
