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Brent Crude's 2% Gain Outpaces WTI in Nov. 3 Oil Market Snapshot

Brent reached $105.66 a barrel, while West Texas Intermediate (WTI) was quoted at $97.

Updated 1 min read
Oil storage tanks and pipelines stand at Sullom Voe Terminal in Shetland, Scotland. (AI-generated image / EconoTimes)
Oil storage tanks and pipelines stand at Sullom Voe Terminal in Shetland, Scotland. (AI-generated image / EconoTimes)

Brent's larger increase puts the international benchmark ahead on the day's percentage move, while both key crude prices advanced in the Nov. 3 snapshot, a useful comparison for readers tracking oil markets.

Brent's quote reached $105.66 a barrel after a 2% rise during the session. West Texas Intermediate (WTI), the U.S. benchmark, was quoted at $97 a barrel after a 1.7% gain.

The percentages compare each benchmark's change, while the dollar figures show the quoted prices. Brent had both the larger percentage gain and the higher per-barrel price in the update.

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