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Brent oil price on ICE above $85 per barrel first time since March 7

As of 1:09 a.m. Moscow time on Monday, the price of Brent oil went up by 6.43% to $85.03 per barrel

MOSCOW, April 3. /TASS/. The price of futures contracts of Brent crude oil for June 2023 delivery on London's ICE surpassed $85 per barrel for the first time since March 7, according to trading data.

As of 1:09 a.m. Moscow time on Monday, the price of Brent oil went up by 6.43% to $85.03 per barrel.

By 1:12 a.m. Moscow time, Brent was trading at $85.41 per barrel (6.46%). The price of futures contracts of WTI crude oil for May 2023 delivery went up by 6.21%, to $80.37 per barrel.