New Record for Crude Amid Supply Disruptions

West Texas Intermediate (WTI) for June delivery rose 23 cents to settle at $118.75/bbl. Brent crude for June settlement rose 40 cents, or 0.3 percent, to settle at $116.74 a barrel on London's ICE Futures Europe exchange, a record close. The contract touched an all-time intraday high of $117.56 on April 25.

Helping crude on its upward march are renewed tensions between Iran and the United States as well as continued militant attacks in Nigeria which have reduced output by 50%, according to the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free membership? Click here

This address will be used to create your account

2021 brings big changes to the carbon market landscape

ZE PowerGroup Inc. explores how newly launched emissions trading systems, recently established task forces, upcoming initiatives and the new US President, Joe Biden, and his administration can further the drive towards tackling the climate crisis

Energy25 winners in review

Energy25 aims to capture, define and analyse an important period in the development of energy markets, providing an invaluable yardstick for all participants. More broadly, it represents the latest stage in the strategy of defining, researching and…

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here