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Oil prices regain momentum as Trump warns of major escalation (CO1:COM:Commodity)

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Apr 09, 2026, 5:46 AM ETBrent Futures (CO1:COM), CL1:COM, USO, BNOUCO, XLE, DBO, UNG, FCG, USL, SCO, UNL, BOIL, KOLD, GUSH, DRIP, USOIBy: Sinchita Mitra, SA News Editor
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Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

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Oil prices rose on Thursday as it looked to regain its momentum after falling the most in six years on Wednesday as the U.S. and Iran had reached a two-week ceasefire agreement.

The rise comes after U.S. President Donald Trump said

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