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Oil Price Heading Towards Us$ 120 per Barrel

Summary by DWTonline.com
PARAMARIBO – Oil prices are expected to show the largest monthly increase ever following alarming statements by US President Donald Trump. On Tuesday, a barrel of Brent crude, the benchmark for international trade prices, traded at 118 US dollars, whereas it had been trading at 107 US dollars the day before. Trump said on Tuesday that securing the Strait of Hormuz is “not up to us” and estimated that the US will be finished with the attacks on I…
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PARAMARIBO – Oil prices are expected to show the largest monthly increase ever following alarming statements by US President Donald Trump. On Tuesday, a barrel of Brent crude, the benchmark for international trade prices, traded at 118 US dollars, whereas it had been trading at 107 US dollars the day before. Trump said on Tuesday that securing the Strait of Hormuz is “not up to us” and estimated that the US will be finished with the attacks on I…

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DWTonline.com broke the news in on Wednesday, April 1, 2026.
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