Oil prices jump 6%
May 05, 2026
New York [US], May 5: Oil prices jumped about 6% on Monday.
International benchmark Brent futures rose $6.27, or 5.8%, to settle at $114.44 per barrel, while U.S. West Texas Intermediate (WTI) crude rose $4.48, or 4.4%, to settle at $106.42.
Source: Emirates News Agency
