Crude oil price, April 29 -- The already boiling crude oil prices - trading higher for eight sessions in a row - due to the ongoing US-Iran war, received a fresh fillip from the Energy Information Administration's (EIA) latest data, which drove the Brent crude and US West Texas Intermediate (WTI) futures by nearly 6% on Wednesday, 29 April.

US crude rose 6.61% to $106.58 a barrel, and Brent rose to $117.81 per barrel, up 5.9% after the EIA, after the US oil stocks plummeted sharply and amid little signs of resolution to the Middle East crisis that's entered its third month now.

This marks the fourth straight month of gains for crude oil prices, which are up 4% in April so far, building on the over 50% rally seen in March due to the onse...