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. New US multinational task force set up around Yemen Turkiye and US Presidents may hold bilateral meeting in September Russia to increase number of its armed forces by 137,000 men Russia and Iran to facilitate grain trade President Putin to hold operational Security Council meeting on October 10