International oil prices rose significantly on the 4th.

date
05/05/2026
International oil prices rose significantly on June 4th. By the end of the day, the price of light crude oil futures for June delivery on the New York Mercantile Exchange rose by $4.48 to $106.42 per barrel, an increase of 4.39%, while the price of Brent crude oil futures for July delivery in London rose by $6.27 to $114.44 per barrel, an increase of 5.8%.