ChinaThe report attributed a significant rise in international crude oil futures on October 16 to escalating tensions in the Middle East and between Russia and Ukraine. At the close, November-delivery light crude futures on the New York Mercantile Exchange settled at 101.41 dollars per barrel, up 3.51%. December-delivery London Brent crude futures briefly reached 110 dollars per barrel, their highest level since May, before settling at 109.86 dollars per barrel.
Broadcast 17 October 2026 · Event date 16 October 2026
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The report attributed a significant rise in international crude oil futures on October 16 to escalating tensions in the Middle East and between Russia and Ukraine. At the close, November-delivery light crude futures on the New York Mercantile Exchange settled at 101.41 dollars per barrel, up 3.51%. December-delivery London Brent crude futures briefly reached 110 dollars per barrel, their highest level since May, before settling at 109.86 dollars per barrel.
Translated paragraph context
International crude oil futures prices rose significantly on October 16 amid escalating tensions in the Middle East and between Russia and Ukraine. At the close of trading that day, light crude oil futures for November delivery on the New York Mercantile Exchange settled at $101.41 a barrel, up 3.51%. London Brent crude futures for December delivery briefly touched $110 a barrel, their highest level since May, before ultimately settling at $109.86 a barrel.Original Chinese quote
受中东、俄乌紧张局势加剧影响，国际原油期货价格16日显著上涨。截至当天收盘，纽约商品交易所11月交货的轻质原油期货价格收于每桶101.41美元，涨幅为3.51%；12月交货的伦敦布伦特原油期货价格一度触及每桶110美元，为5月以来的新高，最终收于每桶109.86美元。