Oil Prices Rise by More than 3% 

Le prix du pétrole en hausse
05/16/2026 - 16:11

Oil prices rose yesterday, Friday, by more than 3%, with gains exceeding three dollars per barrel.

Brent crude futures rose by $3.24, or 3.06%, to reach $108.96 a barrel by 15:49 GMT.

As for US West Texas Intermediate (WTI) crude futures, they rose by 4.08%, equivalent to $4.13, to settle at $105.03 a barrel.

On a weekly basis, Brent crude rose by 7.54%, while West Texas Intermediate (WTI) jumped by 9.7%.

Source
Algerian Radio Multimedia