Ouagadougou:Manama Oil prices have surged more than 2%, reaching their highest settlement levels since late April.
According to Bahrain News Agency, Brent crude futures for December delivery increased by $2.76, or 2.4%, closing at $117.64 per barrel. Meanwhile, US West Texas Intermediate (WTI) crude futures rose by $2.12, or 2.08%, to settle at $104.12 per barrel.
In October, Brent recorded a monthly gain of 13.6%, while WTI saw an increase of 15.2%.