Oil rises more than 2% at settlement

Oil prices rose more than 2 percent at settlement today, reaching their highest levels in about a month.

Brent crude futures rose by $2.16, or 2.4 percent, to $93.78 per barrel at settlement, marking their highest level since July 24.

West Texas Intermediate (WTI) crude futures for September delivery rose by $2 at settlement to $87.83 per barrel, also reaching their highest level since July 24.