Brent Crude Surges 5% to $101.14/Barrel on April 22

As of 9:00 a.m. ET on April 22, 2026, Brent crude jumped to $101.14 per barrel, up $4.82 (+5.00%) from $96.32 the prior day. This sharp rise followed stability around $96.26-$96.32 on April 20-21, despite over 10% monthly declines from $107-$112 levels. Year-over-year gains exceed 48% from ~$67-68, fueled by supply-demand balances, geopolitics, OPEC+ policies, U.S. shale output, and Strategic Petroleum Reserve actions. The breakout underscores volatility with upside pressure on gasoline prices and inflation.