# Crude oil prices today: WTI, Brent rise as Israel-Lebanon tensions simmer

> Crude futures rose about 1% on Monday as Israel-Lebanon border tensions returned and US gasoline demand signs strengthened. WTI closed at $81.63 and Brent at $86.01, both on pace for monthly gains.

- Date: 2024-06-24 · published 2024-06-24T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/29925-crude-oil-prices-today-wti-brent-rise-as-israel-lebanon-tensions-simmer
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Energy price gains raise input and transport costs for feed producers and can support vegetable oil prices through biofuel margins.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Sources

- cnbc.com: https://www.cnbc.com/2024/06/24/crude-oil-prices-today.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.