Brent Crude Tops $85, Hitting Highest Level Since Aug 4

Brent crude rose above $85 per barrel, up 4.31% on the day, reaching its highest level since Aug 4, according to Gate data. WTI crude climbed above $80 per barrel, also the highest since Aug 4, up 4.78%. Major crude oil futures contracts strengthened, with SC crude, low-sulfur fuel oil, fuel oil, and asphalt all posting gains.