International crude oil prices fell on April 11 because the inflation in the US is still difficult to cool down, which slows down hopes that the Federal Reserve (Fed) will cut interest rates shortly. However, the market remains concerned tensions in the Middle East have intensified. Therefore, international crude oil prices are still at a high level.

West Texas Intermediate (WTI) crude for May delivery decreased by US$1.19 (1.4%), reaching US$85.02/barrel on the New York Mercantile Exchange. Brent crude for June delivery declined by US$0.74 (0.8%), settling at US$89.74/barrel.