{"id":120289,"date":"2026-05-15T08:35:50","date_gmt":"2026-05-15T12:35:50","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=120289"},"modified":"2026-05-15T08:35:50","modified_gmt":"2026-05-15T12:35:50","slug":"crude-oil-price-today-may-15-crude-climbs-81-49-ytd-as-prices-cross-104-per-barrel-after-3-11-daily-jump","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/crude-oil-price-today-may-15-crude-climbs-81-49-ytd-as-prices-cross-104-per-barrel-after-3-11-daily-jump\/120289\/","title":{"rendered":"Crude Oil price today, May 15: Crude climbs 81.49% YTD as prices cross $104 per barrel after 3.11% daily jump"},"content":{"rendered":"<div class=\"flex max-w-full flex-col gap-4 grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&]:mt-1\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"696f96f1-8c9c-40b1-8748-972648de3c3d\" data-message-model-slug=\"gpt-5-5\" data-turn-start-message=\"true\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden\">\n<div class=\"markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling\">\n<p data-start=\"86\" data-end=\"377\">Global oil prices continued their sharp rally on Friday as Crude Oil climbed above $104 per barrel after posting a strong 3.11% daily gain. The latest move pushed yearly gains to a massive 81.49%, showing how energy markets remain under heavy pressure from strong demand and supply concerns.<\/p>\n<p data-start=\"379\" data-end=\"529\">Crude Oil prices also recorded a 9.21% weekly rise and a 10.05% monthly increase, highlighting sustained bullish momentum across the commodity market.<\/p>\n<h2 data-section-id=\"1v34vy6\" data-start=\"531\" data-end=\"591\">Crude Oil price rises above $104 amid strong weekly gains<\/h2>\n<p data-start=\"593\" data-end=\"759\">Crude Oil traded at $104.31 per barrel during the latest session. The commodity gained $3.14 in a single day, marking one of the strongest daily moves seen this week.<\/p>\n<p data-start=\"761\" data-end=\"948\">The market has now climbed 81.49% since the beginning of the year. On a yearly basis, prices are also up 68.16%, reflecting how sharply oil markets have rebounded over the past 12 months.<\/p>\n<p data-start=\"950\" data-end=\"1173\">Weekly gains currently stand at 9.21%, while monthly growth has crossed 10%. The consistent rise in oil prices continues to raise concerns around transportation costs, manufacturing expenses, and global inflation pressures.<\/p>\n<h2 data-section-id=\"f41wjs\" data-start=\"1175\" data-end=\"1240\">Energy market rally keeps investors focused on supply concerns<\/h2>\n<p data-start=\"1242\" data-end=\"1465\">The latest oil surge comes as traders continue monitoring global supply conditions and geopolitical tensions. Higher demand expectations and tighter inventories have kept energy prices elevated across international markets.<\/p>\n<p data-start=\"1467\" data-end=\"1635\">The move above $104 per barrel is also being closely watched by investors because it places crude prices near key resistance levels seen during previous energy rallies.<\/p>\n<p data-start=\"1637\" data-end=\"1827\" data-is-last-node=\"\" data-is-only-node=\"\">Analysts believe volatility may remain high in the coming sessions as markets react to economic data, production updates, and geopolitical developments affecting the global oil supply chain.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Global oil prices continued their sharp rally on Friday as Crude Oil climbed above $104 per barrel after posting a\u2026<\/p>\n","protected":false},"author":294,"featured_media":120290,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[35423,36340,4688,36339,36338,33979],"class_list":["post-120289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-markets","tag-crude","tag-crude-barrel","tag-crude-oil","tag-crude-oil-price","tag-crude-oil-price-today","tag-top-stories"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/120289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/294"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=120289"}],"version-history":[{"count":1,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/120289\/revisions"}],"predecessor-version":[{"id":120291,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/120289\/revisions\/120291"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/120290"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=120289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=120289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=120289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}