Oil prices surged $7 this week as Iran tensions, Hormuz risks, and weak signals from the Xi-Trump summit overshadow bearish OPEC and IEA demand forecasts. | | Price | Change | %Change | Contract | | --- | --- | --- | --- | --- | | WTI | 104.76 | +3.59 | +3.55% | JUN 2026 | | Brent | 108.92 | +3.20 | +3.03% | JUL 2026 | | Murban | 107.32 | +2.62 | +2.50% | JUL 2026 | | Natural Gas (Nymex) | 2.956 | +0.062 | +2.14% | JUN 2026 | | | Change from | 05/08/26 05/01/26 | | 04/24/26 04/17/26 04/10/26 04/03/26 | | | ...