Light, sweet crude oil prices on the New York market gained on Apr. 1 to settle more than $1/bbl higher with both May and June contracts closing above $61/bbl. Brent prices in London also rose by more than $1/bbl for June and July. The Brent contract for June delivery closed above $69/bbl, marking Brent’s highest close since Nov. 12, 2018.

Source: News