Energy News

Brent oil price reached $122.26 per barrel

by Vestnik Kavkaza

The price of futures contracts of Brent crude oil for August 2022 delivery accelerated growth to 1.4% on London’s ICE on Wednesday and reached $122.26 per barrel. The cost of a futures contract for WTI crude oil grew by 1.52% to $121.21 per barrel, according to data from the trading platform at 12:56 Moscow time.

As of 12:52 p.m., Brent was at $122.23 a barrel, up 1.38% from the previous session’s close.

The last time the price of Brent exceeded $122 per barrel on March 24.

Vestnik Kavkaza
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