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economicOct 16, 2026

Brent crude oil tops $109 per barrel for first time since September 15

Summary

As of 07:34 p.m. Moscow time, the price of Brent crude grew by 3.18% and reached $109.29 per barrel

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Russia

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economicUnverifiedRussia
○ 1 source

Russian Presidential Plenipotentiary Commissioner for the North Caucasus, Zamir Kabulov, described recent developments as a "stable and progressive trend." He emphasized the importance of maintaining this trajectory, though the specific metrics or evidence supporting this characterization were not provided in the statement.