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World oil prices

Brent surpasses $103 per barrel first time since September 2014

WTI crude oil with April delivery rose by 5.97% to $97.57 per barrel

© EPA/StatoilHydro/Oyvind Hagen

MOSCOW, February 24. /TASS/. The price of a futures contract for Brent crude oil with April delivery on London’s ICE exchange increased by 6.39% to $103.03 per barrel.

As of 10:27 Moscow time, the price of Brent oil rose by 7.01% to $103.63 per barrel. The last time Brent exceeded $103 per barrel was in September 2014.

The price of futures contract for WTI crude oil with April delivery rose by 5.97% to $97.57 per barrel.

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