Crude futures price soars to $126,65 in London, in New York - to $112,79

On April 8th, IPE Brent crude oil futures for May delivery surged by $3,98 to settle at $126,65 a barrel on the London-based ICE Futures Europe exchange. Light Sweet Crude price rose by $2,49 to $112,79 a barrel on the New York Mercantile Exchange.