UPDATE | Brent crude futures for December delivery, which expire on Friday, rose $2.26, or 2%, to $117.14 per barrel by 12:36 GMT. The more actively traded January contract also gained $2.30, reaching $113.10 per barrel. Meanwhile, US West Texas Intermediate (WTI) crude futures increased by $1.94, or 1.9%, to $103.94 per barrel. For October, Brent was on track to record a 13% gain, while WTI was set to rise by 15%.
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