The price of Brent oil on ICE exceeded $120 per barrel
The cost of a barrel of Brent crude oil exceeded the $120 mark for the first time since June 2022, according to trading data from April 29 on the London ICE Exchange.
As of 22:45 Moscow time, the price of June futures increased by 1.73% compared to the previous close and reached $120.13. Thus, the indicator rose above $120 per barrel for the first time since June 17, 2022.
It is noted that the June futures for WTI crude oil at the same time rose by 7.87% to $ 107.79 per barrel.
The news is being updated
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