After falling by nearly 1 percent earlier in the day on Tuesday (October 27), oil prices rebounded. By 1:18 PM Bangladesh time, the price of Brent crude had risen by 40 cents—or 0.4 percent—to $116.24 per barrel. Simultaneously, the price of the U.S. benchmark, West Texas Intermediate (WTI), increased by 30 cents—or 0.3 percent—to reach $102.07 per barrel.
