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Oil Price Passes $108 Per Barrel and Looking to Go Higher in Next 72 Hours

With Brent now above $108 at 6.00pm on 27 April 2026, the short‑term outlook points to further rises or at least continued volatility over the next 1–3 days, because the drivers pushing prices up are still in place and worsening rather than easing.   Why more rises are likely in the next few days The latest verified reporting shows: Brent climbed above $108 as US–Iran peace talks stalled and the Strait of Hormuz remains heavily constrained.

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Brent type oil (world reference) with maturity in June had discharge of 2.75%, quoted at US$ 108.23 per barrel

·Brazil
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The price of Brent North Sea barrel, world reference, for delivery in June rose 2.75%, reaching 108.23 dollars

·São Paulo, Brazil
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The traffic jam between Washington and Tehran reopens the geopolitical premium and triggers the volatility of Brent and WTI.

BELGA Oil prices rose on Monday, after a weekend marked by the lack of progress on the front lines of the negotiations between the United States and Iran, which raised fears of an even longer blockade of the Strait of Ormuz. The price of the Brent barrel of the North Sea, for delivery in June, took 2.75 per cent to $108.23. Its American equivalent, the barrel of West Texas Intermediate, for delivery in the same month, gained 2.09 per cent to $96…

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Oil climbs due to lack of progress on the reopening of the Strait of Ormuz Admin FCE 27 Apr 2026 - 21:20 Oil prices rose on Monday, after a weekend marked by the lack of progress on the front of the negotiations between the United States and Iran, which raised fears of an even longer blockade of the Strait of Ormuz.The price of the Brent barrel of the North Sea, for delivery in June, took 2.75% to 108.23 dollars.His American equivalent, the barr…

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forsal.pl broke the news on Monday, April 27, 2026.
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