Fortune

Olieprijzen 1 mei 2026: Brent stijgt naar $116,10 per vat

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Oil prices reached $116.10 per barrel on May 1, 2026, marking a $1.44 increase from the previous day and a significant $53.46 rise compared to one year earlier. The article explains that oil prices are driven by supply and demand dynamics, with factors like economic concerns and geopolitical tensions causing rapid market shifts. Crude oil prices directly influence gas pump prices, though refining costs, taxes, and station markups also play a role. The U.S. Strategic Petroleum Reserve can provide temporary relief during supply disruptions, while changes in oil prices can also affect natural