International crude oil prices rose on April 2. Ukraine's attacks on Russian energy facilities and the Middle East conflict pushed Brent crude oil price above US$89/barrel for the first time since October last year.
West Texas Intermediate (WTI) crude for May delivery increased by US$1.44 (1.7%), reaching US$85.15/barrel on the New York Mercantile Exchange.
Brent crude for June delivery rose by US$1.50 (1.7%), settling at US$88.92/barrel. The highest price once hit $89.08 on April 2.