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.