MOSCOW, March 9. /TASS/. The price of Brent crude oil for May 2026 delivery exceeded $119 per barrel on London's ICE Exchange for the first time since June 17, 2022, according to trading data.

As of 5:30 a.m. Moscow time (2:30 a.m. GMT), oil was trading at $119.36 per barrel (up 28.77%).

By 5:35 a.m. Moscow time (2:35 a.m. GMT), the price of oil was at $117.8 per barrel (up 27.09%).