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WTI Posts a Larger Percentage Gain Than Brent as Crude Rises Friday

At 9:41 a.m. ET on Oct. 23, WTI was up 2.48% to $101.940 a barrel, while Brent gained 2.05% to $115.485.

Updated 1 min read
Crude oil storage tanks stand beside pipelines in Cushing, Oklahoma. / EconoTimes.ai (mono)
Crude oil storage tanks stand beside pipelines in Cushing, Oklahoma. / EconoTimes.ai (mono)

West Texas Intermediate (WTI) gained more by percentage than Brent during Friday morning trading, as both crude benchmarks advanced in a 9:41 a.m. ET update that placed Brent above $115 a barrel.

At 9:41 a.m. ET Friday, Brent was up 2.05% at $115.485 a barrel, while WTI had gained 2.48% to $101.940.

The difference between their percentage gains was 0.43 percentage point, while Brent's per-barrel quote was $13.545 above WTI's. The dollar quote shows each benchmark's price level; the percentage records the size of its reported rise.

An earlier reading at 8:12 a.m. ET (12:12 UTC) showed WTI at $101.567, up 2.11%, and Brent at $115.142, up 1.74%, in EconoTimes' Friday morning crude snapshot. By the later update, both contracts had higher quotes and larger percentage gains, with WTI's lead in percentage terms widening from 0.37 percentage point to 0.43 point.

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