During trading operations on the ICE London Intercontinental Exchange, the price of the May 2026 contract for Brent crude oil increased by 10.59% to $118.75 per barrel, APA-Economics reports.
The price of WTI crude oil for delivery in May 2026 on the New York Mercantile Exchange (NYMEX) also rose by 3.12% to $98.44 per barrel.
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09:18
During trading operations on the "ICE London" Intercontinental Exchange, the price of the May 2026 contract for Brent crude oil increased by 4.51% to $112.22 per barrel, APA-Economics reports.
On the New York Mercantile Exchange ("NYMEX"), the price of WTI crude oil for delivery in April 2026 also rose by 1.04% to $97.32 per barrel.
