London Brent crude jumped more than 2% to over $115 a barrel today after major central banks moved to boost European bank funding and regional leaders offered strong support for Greece.
Brent’s premium to US crude widened nearly $2 to more than $25.
October Brent crude traded up $2.61 to $115.01 a barrel, while the more heavily traded November contract gained $2.71 to $112.35. US crude oil futures for October rose 52 cents to $89.43 a barrel.