Price of Brent crude oil surpasses $81 per barrel first time since January 20

The price of futures contracts of Brent crude oil for August 2025 delivery has risen above $81 per barrel on London’s ICE for the first time since January 20, according to trading data, Report informs via TASS.

As of 10:01 p.m. GMT, the Brent price was up by 5.28% at $81.4 per barrel.

The price of futures contracts of Brent crude oil on ICE has been growing amid the US’ interference in the Middle Eastern conflict.