Brent crude oil futures settled at $105.68, up 1.02%

The daily settlement price of London Brent crude oil futures was $105.68 per barrel, up $1.07 from the previous trading day, an increase of 1.02%. As one of the important benchmarks for international crude oil pricing, Brent oil price fluctuations are usually closely related to multiple factors such as geopolitical situations, global crude oil supply and demand, and production policies of major oil-producing countries. Its price movements also have varying degrees of impact on the global energy market, the transportation industry, and the fuel costs of residential consumers.