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Brent crude futures surged nearly 5% to trade at $106 per barrel. WTI Crude, meanwhile, gained more than 4% to $104 per barrel in the early morning hours of Thursday. Oil prices crossed the crucial $100 mark in March after the closure of the Strait of Hormuz, marking the first time since Russia's invasion of Ukraine in 2022. Front-month Brent futures hit a record monthly gain of 64% in March, Reut...
Oil Price Today (April 2): Oil jumps 5% to cross $106/barrel after Trump's comments erase de | Huntaegis