International oil prices rose significantly on the 16th.

As of the close of the day, the price of light crude oil futures for May delivery on the New York Mercantile Exchange rose by $3.40 to close at $94.69 per barrel, an increase of 3.72%. The price of Brent crude oil futures for June delivery on the London Brent Oil Exchange rose by $4.46 to close at $99.39 per barrel, an increase of 4.7%.