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. Xi Jinping re-elected as President of the People's Republic of China for the third term Lebanese President accepts government resignation a day before his mandate expires Russian Northern Fleet held drills in the Barents Sea Leaders of Turkey and Greece discuss COVID fallout in rare call George Shultz, Secretary of State Under Nixon and Reagan Administrations, Dies Aged 100