Friday 1 May 2026 Abu Dhabi UAE
Prayer Timing
Today's Edition
Today's Edition
Business

Oil rises over $1 on Friday

Oil rises over $1 on Friday
1 May 2026 08:38

MELBOURNE (WAM)

Oil prices rose on Friday, extending recent gains.

Brent crude futures for July rose $1.19, or 1.08 percent, to $111.59 a barrel by 0149 GMT, while West Texas Intermediate futures were up ​39 cents, or 0.37 percent, to $105.46.

Both benchmarks have posted gains across ​four straight months, with Brent's June contract, which expired on ⁠Thursday, hitting $126.41 a barrel, the highest since March 2022.

Copyrights reserved to Aletihad News Center © 2026