• Business,
  • World

    • Oil Prices Extend Gains as Brent Heads for Record Monthly Rise

    By on March 30, 2026
    crude oil
    crude oil

    Muscat: Oil prices extended their gains on Monday, with Brent crude heading for its highest monthly increase on record amid escalating military tensions in the Middle East.

    Brent crude futures rose by $2.43, or 2.16 percent, to reach $115 per barrel, after closing 4.2 percent higher in the previous session.

    US West Texas Intermediate (WTI) crude also increased by $1.86, or 1.87 percent, to $101.50 per barrel, following a 5.5 percent rise on Friday.

    Brent crude has surged by 59 percent during March, marking its steepest monthly increase, driven by concerns over supply disruptions through the Strait of Hormuz, a key route for around one-fifth of global oil and gas supplies.

    more recommended stories

    Terms of Use:

  • This website Arabian Daily is an individual’s property, not used for any commercial or sales purposes. What you see here are one’s random thoughts in action. I, by no means, endorse any product or party through this, unless stated explicitly.
  • All work you will find here is copyrighted unless stated otherwise. No part of this work can be reproduced in any way with the exception of a) if you share our work, it should link back to this website; b) if you quote any part of our work, it should be properly credited to us with a link to this website.
  • All images used on this website have been taken from open source image websites on the Internet. If any of them are copyrighted to you and you want us to take them down or add credits, please feel free to contact us here, or by using the contact form on this page.
  • The views expressed on Arabian Daily are solely ours. They do not represent any party or any particular school of thought. This website does not promote racism in any form.
  • Privacy Policy:
    This website will respect the readers’ and the writer’s privacy. We do not sell any of their personal or contact information to another company. We do not put your information on spam lists. Also, and more importantly, we are not responsible for the privacy practices of any of our advertisers or website commenters.
  • Reserve Rights: We reserve the right to change the focus on this website, to shut it down, sell it or to change the terms of use at our own discretion.