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. Russia and US hold another session of START meetings JCPOA Talks to Resume Soon Turkish and US leaders to meet on the sidelines of G20 summit Evergrande default fears spreads around global markets Iran to launch air defense drills across the country