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Brent oil rises above $114 a barrel first time since April 19

WTI oil gained 3.42% to $112.35 a barrel

MOSCOW, May 16. /TASS/. Brent oil futures for July delivery climbed 2.8% to $114.67 on ICE in London, exchange data show. That’s the first time Brent topped $114 a barrel since April 19, 2022.

Futures slowed by 20:54 in Moscow, holding at $114.34 a barrel, or up 2.5%.

Trading data showed Brent at $114.66 a barrel, or up 2.79%, as of 21:09 in Moscow. WTI oil gained 3.42% to $112.35 a barrel.