---
title: "Crude oil futures continued to rise during the Asian session, with New York oil and Brent oil each up over 1%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281289920.md"
description: "Crude oil futures continued to rise during the Asian session, with Brent June futures up by $1.66, reported at $105.63 per barrel, an increase of 1.6%; New York May futures rose by $1.54, reported at $102.92 per barrel, an increase of 1.5%. Last month, Brent spot crude oil rose by more than 60%, marking the largest monthly increase since 1988, while New York futures rose by 51%, the largest monthly increase since May 2020"
datetime: "2026-04-01T02:20:54.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281289920.md)
  - [en](https://longbridge.com/en/news/281289920.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281289920.md)
---

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# Crude oil futures continued to rise during the Asian session, with New York oil and Brent oil each up over 1%

U.S. President Trump and Iranian President Ebrahim Raisi have both expressed a willingness for a ceasefire, but crude oil futures rose this morning (1st) during the Asian session.

Brent crude for June delivery rose by $1.66 or 1.6%, settling at $105.63 per barrel. May futures settled at $118.35 per barrel. New York May crude rose by $1.54 or 1.5%, settling at $102.92 per barrel.

Brent spot crude rose over 60% last month, marking the largest monthly increase since 1988. New York crude rose 51% last month, the largest monthly increase for spot contracts since May 2020

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