Brent Crude Posts Biggest Monthly Surge Since 1988 as War Chokes Global Oil Supply

Brent crude oil futures posted over a 60% gain in March. This marked the strongest monthly rally in the benchmark’s history, dating back to 1988.  The May contract settled roughly 5% higher on Tuesday at $118.35 per barrel. West Texas Intermediate (WTI), the US benchmark, climbed about 51% during the month for its best performance The post Brent Crude Posts Biggest Monthly Surge Since 1988 as War Chokes Global Oil Supply appeared first on BeInCrypto.