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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

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