Oil prices rise as WTI tops 100 dollars and Brent reaches 116 dollars

On March 30, 2026, global oil prices experienced a notable increase during the opening of Asian markets. West Texas Intermediate (WTI) crude for May delivery climbed by 3.5% to reach 103.13 dollars per barrel. Simultaneously, Brent North Sea crude rose by approximately 3% to trade at 115.93 dollars. Reports attribute this upward trend to ongoing geopolitical instability in the Middle East. Analysts noted that WTI has surpassed the symbolic threshold of 100 dollars per barrel. The markets reacted to these developments shortly after the opening hours. Current data indicates a sustained upward trajectory for both benchmark varieties. No signs of de-escalation in regional conflicts have been observed by market participants.