# Front-month Brent oil futures extend gains after record monthly rise in March

> Brent front-month futures rose to $104.63 a barrel in early trade, extending a record March gain of 64%. Prices had fallen the previous day on reports that Iran's president was ready to end the war, and Trump said the US could end the campaign within two to three weeks.

- Date: 2026-04-01 · published 2026-04-01T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/20346-front-month-brent-oil-futures-extend-gains-after-record-monthly-rise-in-march
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Peace-talk expectations pull prices lower, but LSEG analysts see supply risks skewed upward, so crude remains supported and the cost pressure on biofuel feedstocks and freight persists.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-03-29 | [Brent eyes record monthly rise; US crude settles above $100 as Houthis join Iran war \| Reuters](https://feedsoft.ai/events/20326-brent-eyes-record-monthly-rise-us-crude-settles-above-100-as-houthis-join-iran.md) | +1.2% | -5.1% |
| BRENT | 2025-10-22 | [Oil extends gains after settlement on new sanctions on Russian oil companies \| Reuters](https://feedsoft.ai/events/8131-oil-extends-gains-after-settlement-on-new-sanctions-on-russian-oil-companies.md) | +5.0% | +6.1% |
| BRENT | 2024-10-07 | [Oil prices extend gains, lifting Brent crude towards $80 on fears of wider Middle East conflict \| Reuters](https://feedsoft.ai/events/10025-oil-prices-extend-gains-lifting-brent-crude-towards-80-on-fears-of-wider-middle.md) | +1.2% | -6.8% |
| BRENT | 2019-01-31 | [Futures Movers: Oil Gains, With U.S. Prices Up More Than 20% For The Month - Global Financial Market Review](https://feedsoft.ai/events/61009-futures-movers-oil-gains-with-u-s-prices-up-more-than-20-for-the-month-global.md) | +1.1% | +6.8% |
| BRENT | 2025-06-11 | [Oil prices jumps 4% to 2-month high as tensions rise in Middle East \| Reuters](https://feedsoft.ai/events/11156-oil-prices-jumps-4-to-2-month-high-as-tensions-rise-in-middle-east-reuters.md) | +14.7% | +5.4% |
| WTI | 2020-03-31 | [Oil gains nearly 2%, but posts worst month and quarter on record](https://feedsoft.ai/events/9203-oil-gains-nearly-2-but-posts-worst-month-and-quarter-on-record.md) | +64.9% | -5.2% |
| WTI | 2026-03-29 | [Brent eyes record monthly rise; US crude settles above $100 as Houthis join Iran war \| Reuters](https://feedsoft.ai/events/20326-brent-eyes-record-monthly-rise-us-crude-settles-above-100-as-houthis-join-iran.md) | +12.7% | -2.0% |
| WTI | 2025-10-22 | [Oil extends gains after settlement on new sanctions on Russian oil companies \| Reuters](https://feedsoft.ai/events/8131-oil-extends-gains-after-settlement-on-new-sanctions-on-russian-oil-companies.md) | +4.0% | +4.9% |

## Sources

- cnbc.com: https://www.cnbc.com/2026/04/01/front-month-brent-oil-futures-extend-gains-after-record-monthly-rise-in-march.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.