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    • Brent Crude Reaches $110.62 per Barrel in Early Trading

    By on May 18, 2026
    crude oil
    crude oil

    Singapore:  Oil prices rose by more than one percent in early trading today amid escalating developments in the Middle East conflict.

    Brent crude futures increased by $1.36, or 1.24 percent, reaching $110.62 per barrel.

    US West Texas Intermediate crude futures also rose by $1.84, or 1.75 percent, to $107.26 per barrel.

    The rise comes amid market concerns over potential impacts on global energy supplies following heightened regional tensions.

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