The International Oil Price Surged near 4% on March 17

Ended by the close, the futures price of light crude oil delivered in April sharply increased 3.44 dollars to 101.42 dollars per drum in COMEX and its increasing rate was 3.51%. The futures price of North Sea Brent Oil delivered in May increased 4.28 dollars to 114.90 dollars per drum in London Market, and the increasing rate was 3.9%.