The price of a barrel of Brent crude oil has exceeded $120 for the first time since June 2022, according to trading data from April 29 on the London ICE Exchange.
By 10:45 p.m. Moscow time, June futures for Brent crude rose by 1.73% to close at $120.13 per barrel — marking the highest level above $120 since June 17, 2022.
Meanwhile, June futures for West Texas Intermediate crude oil climbed by 7.87% to settle at $107.79 per barrel.
