US oil prices jump 3%
May 08, 2026
Business
New York [US], May 8: US crude futures rose as much as 3% in early trading on Friday.
West Texas Intermediate (WTI) oil prices were trading up 2.58% or $2.45, at $97.26 a barrel, as of 2233 GMT, after initially gaining more than 3%.
The WTI contract had settled down 27 cents at $94.81 per barrel in the previous trading session.
Source: Emirates News Agency
