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Brent oil price on ICE reaches $116/barrel first time since August 2013

As of 05:54 am, the price of Brent oil was up by 3.30%

MOSCOW, March 3. /TASS/. The price of futures contracts of Brent crude oil for May 2022 delivery gained 3.37% on London's ICE on Thursday, reaching $116.74 per barrel, according to trading data as of 05:49 am Moscow time.

As of 05:54 am, the price of Brent oil was up by 3.30% at $116.66 per barrel. The price of Brent crude oil was last at $116 per barrel in August 2013.

The price of futures contracts of WTI crude oil for April 2022 delivery was up by 2.44% to $113.30 per barrel, according to trading data as of 06:03 am Moscow time.