Energy
Brent Crude Moves Back Above $100 After Chinese Refiners Suspend October Fuel Exports
WTI settled near $92.87, up about 2.7%, with PetroChina reported to have cancelled cargoes and additional U.S. troops reported to be heading to the Middle East.
PR
By Priya Raghavan
Oct 3, 2026 · 2 min read
Crude oil rose sharply on Thursday after reports that Chinese refiners had suspended refined-fuel exports for October, pushing Brent back above $100 a barrel. West Texas Intermediate settled at $92.87, up $2.45 or 2.71%, and Brent settled at $102.31, up $4.28 or 4.37%.
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PR
Priya Raghavan
Corporate Insider Inc.
Priya Raghavan writes for Corporate Insider Inc.