Archive Price for Brent oil exceeds $111.09 per barrel Published: March 3, 2022 0 Min Read The price for May 2022 futures contracts for Brent oil increased 5.83% on London’s ICE, to $111.09 per barrel as of 05:46 Moscow time on Wednesday. The last time Brent crude price exceeded $111 per barrel in July 2014. Prime Minister Truss considering £40 billion support package to UK businesses NATO defense ministers to discuss Russia UBS survey: Central banks look for Chinese currency, after freezing Russian assets Russian-made air defense systems shot down Israeli missiles targeting Syria UAE and Indonesia inked free trade agreement to enhance economic ties