Bank Of Baku

Brent oil price exceeds $ 112

Brent oil price exceeds $ 112
# 02 March 2022 12:09 (UTC +04:00)

Price for  May  of 2022 contract on the exportation of Brent crude oil has exceeded $ 112 for the first time since July 2014 during trade operations held in ICE London Intercontinental Exchange, APA-Economics reports. 

Thusm at 11:43 Baku time, the price of Brent increased by 7.19% to stand at $ 112.52.

Notably, in April of this year, the price of 1 barrel of oil at the NYMEX New York was increased by 7.13% and reached $ 110.78.

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