Front-month Brent oil futures extend gains after record monthly rise in March
Reuters·2026-04-01 00:42
"Even with diplomatic channels reportedly still active and intermittent comments from the U.S. administration predicting a short end to the conflict, the combination of limited tangible diplomatic progress, continued maritime attacks, and explicit threats against energy assets keeps supply risks skewed to the upside," LSEG analysts said in a note. Prices recovered some of their daily losses from Tuesday, when Brent futures for June delivery settled downmore than $3 after unconfirmed media reports that Iran' ...