Brent crude price exceeds $116

Energy
  • 19 March, 2026
  • 13:04
Brent crude price exceeds $116

Global oil prices accelerated the growth on Thursday, with the price of a barrel of Brent crude exceeding $116, Report informs referring to trading data.

The price of May Brent crude futures rose 8.15% from the previous close, reaching $116.13 per barrel for the first time since March 9.

May WTI futures rose only 1.38% to $96.78 per barrel.