WTI crude for September delivery increased 66 cents, or 0.6 percent, to $107.51 a barrel at 11:12 a.m. on the New York Mercantile Exchange. Futures reached $107.87, the most since Aug. 2. The volume of all futures traded was 7.2 percent above the 100-day average.
Brent oil for September settlement, which expires today, rose 97 cents, or 0.9 percent, to $111.17 a barrel on the London-based ICE Futures Europe exchange. The contract touched $111.53, the highest intraday price since April 2. The more-active October contract was up 81 cents at $109.63. Trading was 6.9 percent higher than the 100-day average.