CryptoWorld News reports that international oil prices rose significantly on May 4th. By the close of trading that day, the June delivery light crude oil futures price on the New York Mercantile Exchange increased by $4.48, closing at $106.42 per barrel, a gain of 4.39%. The July delivery London Brent crude oil futures price rose by $6.27, closing at $114.44 per barrel, a gain of 5.8%.

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