TASS4/22/2026Business1 min readRussia
Brent Oil Futures Surpass $102 Per Barrel First Time Since April 13
Quick Look
- Brent oil futures with delivery in June 2026 climbed above $102 per barrel for the first time since April 13, 2026, on London-based ICE.
- Brent prices gained 3.58% to $102.01 per barrel before settling at $101.91, up 3.48%.
- WTI futures rose 3.86% to $93.13 per barrel.
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Why It Matters
Oil futures prices have been volatile in recent weeks, with Brent crude trading in the $98-102 range amid ongoing geopolitical uncertainties and OPEC+ production decisions.
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Brent oil futures with delivery in June 2026 climbed above $102 per barrel first time since April 13 of this year on London-based ICE, according to trading data. Brent prices gained 3.58% to $102.01 per barrel. Brent futures slowed down in their growth later to $101.91 per barrel, up 3.48%. WTI futures with the settlement in June gained 3.86% to $93.13 per barrel.
Open Questions
- What triggered the price surge on April 22?
- Will OPEC+ announce production changes?
- How long can the bullish momentum sustain?
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This article was originally published by TASS.
