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Brent crude tops $106 per barrel, first time since April 7

Brent crude futures briefly exceeded $106 per barrel on the London ICE exchange, the highest level since April 7, before easing to around $103. WTI also rose. The moves were reported by TASS, citing trading data.

By Tertius News AI Desk 1 outlet · 1 distinct · 2 articles Version 1 Coverage Apr 23, 2026 Published Aug 13

Lead

Brent crude futures traded above $106 per barrel on the London ICE exchange early Thursday, reaching their highest level since April 7, according to trading data reported by TASS. The price later eased but remained elevated, with West Texas Intermediate (WTI) also posting gains.

Coverage Comparison

Two reports from TASS, the Russian state news agency, covered the price movements. The first, published at 03:23 a.m. Moscow time, noted that Brent futures with June delivery had exceeded $103 per barrel for the first time since April 13. The second, published later in the morning, reported that the price had climbed above $106 per barrel, marking the first time since April 7. Both reports cited data from the London ICE exchange.

The two reports provide slightly different snapshots of the same trading session, reflecting the volatility of the market. The earlier report showed Brent at $103.75 per barrel at 03:13 a.m. Moscow time, up 1.81%, before easing to $103.07 by 03:23 a.m. The later report recorded a peak of $106.15 per barrel at 03:16 a.m. Moscow time, up 4.16%, before a pullback to $103.42 by 7:00 a.m. Moscow time.

Key Claims

Brent above $103: According to TASS, Brent crude futures with June delivery exceeded $103 per barrel for the first time since April 13, 2026, at 03:13 a.m. Moscow time, with the price rising 1.81% to $103.75 per barrel.
Brent above $106: A separate TASS report stated that Brent futures exceeded $106 per barrel for the first time since April 7, 2026, at 03:16 a.m. Moscow time, with the price up 4.16% to $106.15 per barrel.
Price pullback: Both reports noted that gains were trimmed. By 03:23 a.m. Moscow time, Brent had slowed to $103.07 per barrel (+1.14%), and by 7:00 a.m. Moscow time, it was at $103.42 per barrel (+1.48%), according to TASS.
WTI gains: TASS also reported that WTI futures with June delivery added 1.76% to $94.6 per barrel.

Perspectives

TASS's coverage is factual and neutral, focusing on the price levels and percentage changes without offering analysis or commentary on the causes of the move. The reports do not speculate on market drivers, such as geopolitical tensions or supply concerns, and instead rely solely on trading data. As a state-owned agency, TASS's reporting may reflect a particular editorial stance, but in this case, the articles are straightforward market updates.

It is worth noting that the two TASS reports, while both from the same agency, present different price peaks and reference different comparison dates (April 13 vs. April 7). This discrepancy is likely due to the timing of the reports and the intraday volatility of the market, rather than an error. Readers should be aware that oil prices can fluctuate rapidly, and the figures cited are snapshots at specific times.

No other sources were available for this story, so all information comes from TASS. Independent verification of the price levels would be prudent, especially given the significant intraday swings reported.

How this outlet told it

A framing line is our reading of that outlet's own text — an interpretation, not a quotation and not a fact we assert. Check it against what the outlet published.

TASS — English as of Apr 23, 2026, 1:45 AM UTC

Framing: Our reading Brent crude price surge — Neutral

Facts Included:

Brent crude futures price exceeded $103 per barrel
Price rose by 1.81% to $103.75 per barrel at 03:13 a.m. Moscow time
Growth slowed down to $103.07 per barrel (+1.14%) by 03:23 a.m. Moscow time

Read the source article →

TASS — English as of Apr 23, 2026, 4:45 AM UTC

Framing: Our reading Brent crude price spike — Neutral

Facts Included:

Brent crude futures price exceeded $106 per barrel
Price rose by 4.16% to $106.15 per barrel at 03:16 a.m. Moscow time
Growth slowed down to $103.42 per barrel (+1.48%) by 7:00 a.m. Moscow time
WTI futures price with June delivery added 1.76% to $94.6 per barrel

Read the source article →

What was claimed, and who backed it

AI-extracted; can misattribute a claim — see Methodology.

Each row is one claim, attributed to the outlet whose wording states it most clearly. Confidence rates how directly the source text states the claim — explicit and unhedged rates high; hedged, pieced-together, or internally inconsistent statements rate lower. It does not measure whether the claim is true. Status counts the distinct outlets we found asserting it — so a single-source claim can still show high confidence, and a multi-source claim can show medium. Every one of those outlets is named beside the status, so you can check the count against the list. For claims extracted before we began storing that list, the row says so: it names the outlet the claim is quoted from and states that we have not recorded which outlets backed it. Outlets wrote at different times, so a figure that evolves — a casualty count, for example — can legitimately differ between rows; check the "as of" time next to each claim's source.

Claim	Confidence	Status
ClaimThe price of Brent crude futures with delivery in June 2026 on the London ICE exchange has exceeded $103 per barrel for the first time since April 13, 2026.	ConfidenceHigh	StatusSingle-source via TASS — English as of Apr 23, 2026, 1:45 AM UTC
ClaimThe price of Brent crude futures rose by 1.81% to $103.75 per barrel at 03:13 a.m. Moscow time.	ConfidenceHigh	StatusSingle-source via TASS — English as of Apr 23, 2026, 1:45 AM UTC
ClaimThe growth of Brent crude futures price slowed down to $103.07 per barrel (+1.14%) by 03:23 a.m. Moscow time.	ConfidenceHigh	StatusSingle-source via TASS — English as of Apr 23, 2026, 1:45 AM UTC
ClaimThe price of Brent crude futures with June delivery has exceeded $106 per barrel for the first time since April 7, 2026.	ConfidenceHigh	StatusSingle-source via TASS — English as of Apr 23, 2026, 4:45 AM UTC
ClaimBrent rose by 4.16% to $106.15 per barrel at 03:16 a.m. Moscow time.	ConfidenceHigh	StatusSingle-source via TASS — English as of Apr 23, 2026, 4:45 AM UTC
ClaimThe growth of Brent crude futures price slowed down to $103.42 per barrel (+1.48%) by 7:00 a.m. Moscow time.	ConfidenceHigh	StatusSingle-source via TASS — English as of Apr 23, 2026, 4:45 AM UTC
ClaimThe price of WTI futures with June delivery added 1.76% to $94.6 per barrel.	ConfidenceHigh	StatusSingle-source via TASS — English as of Apr 23, 2026, 4:45 AM UTC

Transparency & Audit Trail

1 outlet · 1 distinct · 2 articles consulted: TASS — English 7 claims extracted Version 1 Written 2026-08-13