# Oil prices climb more than $1 per barrel on supply risk | Reuters

> WTI rose more than $1 a barrel during Friday trade on supply concerns. Brent settled at $91.17, up 52 cents, and WTI finished at $86.91, up 32 cents.

- Date: 2024-04-05 · published 2024-04-05T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/30896-oil-prices-climb-more-than-1-per-barrel-on-supply-risk-reuters
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Higher crude lifts diesel and fertilizer input costs for farmers and biofuel feedstock economics, supporting vegetable oil and biofuel-linked prices.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/oil-prices-bound-second-weekly-gain-geopolitical-tension-supply-concerns-2024-04-05/

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