Brent crude tops $111, highest since May 2026, as traders weigh Middle East supply risks

Brent crude rose above $111 a barrel in morning trade, its highest level since May 2026, extending its rebound as traders weighed Middle East supply risks. Prompt DFLs neared $6 a barrel in backwardation, up from about $3 last week, as supply tightness stayed in focus.

Detected & updated continuously · Source: Nebula