Brent crude tops $91 a barrel for first time since July

Global oil prices surged by as much as 3% on Tuesday, with Brent crude surpassing $91 a barrel for the first time since the end of July.

Trading data showed Brent crude futures for October delivery rising 2.86% compared to the previous session’s close, reaching $91.05 a barrel and crossing the $91 mark for the first time since July 31.

West Texas Intermediate (WTI) crude futures for September delivery also climbed 2.99% to $83.90 a barrel.