The price of Brent crude oil futures for November delivery on London's ICE exchange rose by more than 3.5% to climb above $109 per barrel.

Operativ Media reports that this is indicated by trading results.

As of 21:19 Baku time, the price of Brent crude was up 3.38% to $109.25 per barrel.

By 21:26, Brent crude accelerated its gains, rising to $109.39 per barrel (+3.51%).

Meanwhile, WTI crude oil futures for October delivery rose by 5.29% to reach $106.75 per barrel.