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. Talks on removal of sanctions against Iran continue in Vienna Iranian-Turk researchers conduct 22 joint projects NATO defense ministers to discuss Russia Russia bans entry to 87 Canadian citizens Russia officially withdrawn from the World Tourism Organization