Intermediate crude climbed from the lowest price in more than a week as a U.S.
Senate committee approved military strikes on
advanced as much as 0.8 percent in
WTI for October delivery increased as much as 81 cents to $108.04 a barrel in electronic trading on the New York Mercantile Exchange, and was at $107.86 at 1:29 p.m. London time. The contract dropped 1.2 percent to $107.23 yesterday, the biggest decline since Aug. 20 and the lowest settlement since Aug. 26. The volume of all futures traded was about 50 percent below the 100-day average.
Brent for October settlement was 40 cents higher at $115.31 a barrel on the London-based ICE Futures Europe exchange. The European benchmark crude was at a premium of $7.39 to WTI, compared with $7.68 yesterday.
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