Summary
- International oil prices climbed to their highest levels since mid-April.
- West Texas Intermediate (WTI) touched $102 a barrel, its highest level since April 13.
- Brent crude rose 2.37%% to $104.27 a barrel, while oil-market volatility increased amid supply concerns and geopolitical tensions.
Forecast Trend Report by Period
International oil prices climbed to their highest levels since mid-April.
Odaily, a cryptocurrency-focused media outlet, reported on April 28 that West Texas Intermediate touched $102 a barrel, its highest level since April 13.
Brent crude rose 2.37% to $104.27 a barrel.
The latest advance in oil prices reflects a mix of factors, including supply concerns and geopolitical tensions. Volatility in the crude market has also increased, putting energy prices back in focus as a key market variable.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
