Oil increases 0.7 percent at open
Oil prices rose by 0.7% at the start of today's trading session, with Brent crude trading at $73.45 per barrel after an increase of 50 cents. West Texas Intermediate (WTI) crude climbed to $70.13 per barrel, up by 63 cents. Oil prices had experienced a sharp decline during the first quarter of 2026, marking the largest quarterly losses since 2008, with Brent crude dropping $45 per barrel and U.S. crude futures decreasing by about $31, the biggest quarterly decline since 2020.
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