Brent crude was quoted at $112.03 a barrel on Oct. 19, 0.1% above the previous trading session's close, while December Brent futures ended the London session below Friday's settlement.
The $112.03 quote was recorded at 1:48 p.m. ET (17:48 UTC). On Oct. 12, Brent had been quoted at $110.01 a barrel at 2:23 p.m. ET (18:23 UTC), 2.2% above its previous session's close.
December futures settled at $109.55 a barrel, down 31 cents from Friday's $109.86 settlement. Reuters reported earlier futures readings of $107.57 at 2:19 a.m. ET (06:19 UTC) and $108.52 at 6:02 a.m. ET (10:02 UTC). Reuters also reported that Brent fell more than $3 at one point during the session.
The trading followed President Donald Trump's waiver of new Russia-related duties and other measures. Reuters reported that the waiver might allow more Russian fuel exports, adding to available supply.
