ICE activated circuit breaker on Brent Crude oil contract

A sudden surge in oil prices in late London trade Wednesday led to a very brief suspension of trading on the global benchmark futures contract

A sudden surge in oil prices in late London trade Wednesday led to a very brief suspension of trading on the global benchmark futures contract.

The Intercontinental Exchange activated a circuit-breaker at 11:56 EST for the Brent crude oil contract that paused certain trades for five seconds, a spokeswoman for ICE said.

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