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Brent crude edges back from above $85 in recent trade
Yesterday oil prices made steady gains and that saw Brent crude for October delivery lift from levels close to $82.50 and make a push above $84.50 later in the afternoon. Brent for October delivery still closed lower on the NYMEX exchange though as it later settled $4.16 lower, at $83.77.
Earlier today the price pushed higher again and that saw Brent reach $85.25 around 5am GMT this morning. That came following fresh news/reports of attacks on US military bases in the gulf. However, it has since pared that earlier rise and fallen back below $84.50 not so long ago. Brent is currently trading at $84.65
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