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U.S. WTI crude oil futures hit their highest level since March 9, reaching $108.03 per barrel.

2026-04-02

U.S. WTI crude oil futures hit their highest level since March 9, reaching $108.03 per barrel.

Other News
2026-04-02

Hong Kong’s Hang Seng Index fell 0.7% and the Hang Seng Tech Index dropped 1.63%. AI application stocks led declines, with Zhipu down nearly 15% and MiniMax-W off more than 10%. Chipmakers broadly weakened, including Fudan Micro down over 7%, Hua Hon

Hong Kong’s Hang Seng Index fell 0.7% and the Hang Seng Tech Index dropped 1.63%. AI application stocks led declines, with Zhipu down nearly 15% and MiniMax-W off more than 10%. Chipmakers broadly weakened, including Fudan Micro down over 7%, Hua Hong Semiconductor off more than 5% and SMIC down over 3%, while heavyweight tech names such as Xiaomi and Alibaba each fell more than 3%. Automakers outperformed, with Chery Auto surging over 15%, Geely Auto up more than 8% and Great Wall Motor gaining over 7%.
2026-04-03

[Brent Crude Oil Breaks $140/Barrel, Reaching a New High Since 2008] On Thursday, Brent crude oil (the benchmark for physical delivery in the North Sea) broke through the $140 mark per barrel, its highest level since 2008. According to S&P Global, Br

[Brent Crude Oil Breaks $140/Barrel, Reaching a New High Since 2008] On Thursday, Brent crude oil (the benchmark for physical delivery in the North Sea) broke through the $140 mark per barrel, its highest level since 2008. According to S&P Global, Brent crude for North Sea delivery reached $141.37 per barrel, the highest level since 2008. The Strait of Hormuz has been closed for over a month, causing what the International Energy Agency calls the largest supply disruption in the history of the oil market. The strait accounts for about one-fifth of global oil shipments, and refineries have been struggling to obtain any oil they can get their hands on for weeks. Brent crude was just below $128 per barrel a day earlier, and the current price is higher than the peak during the 2022 Russia-Ukraine crisis. While benchmark Brent crude futures prices remain below those levels, the spot Brent crude price represents the price of crude oil trading over a shorter period.
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