WAM: WORLD CAPITALS, 28th May, 2026  Oil prices jumped more than 3 percent on Thursday.

Brent crude futures rose $3.51, or 3.72 percent, to $97.8 a barrel by 0344 GMT, while the more active August contract gained $3.35 or 3.63 percent, to $95.6. The July contract is set to expire on Friday.

The US West Texas Intermediate futures were up $3.31, or 3.73 percent, at $91.99.

Both ⁠benchmarks slipped more than 5 percent to touch their lowest in a month in the previous session.