Oil prices jump 6%

NEW YORK, (UrduPoint / Pakistan Point News / WAM - 05th May, 2026) 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.