Brent Crude goes over USD 130 per barrel surpassing top 2012 mark

By ANI | Published: March 7, 2022 05:28 AM2022-03-07T05:28:21+5:302022-03-07T05:35:07+5:30

The price of Brent crude oil went over $130 per barrel in the early hours of Monday, surpassing the top 2012 mark of over $128.

Brent Crude goes over USD 130 per barrel surpassing top 2012 mark | Brent Crude goes over USD 130 per barrel surpassing top 2012 mark

Brent Crude goes over USD 130 per barrel surpassing top 2012 mark

The price of Brent crude oil went over $130 per barrel in the early hours of Monday, surpassing the top 2012 mark of over $128.

As of 02:28 Moscow time on Monday (00:28 GMT), the price of May futures for Brent was trading up 9.35 percent, to $129.06 per barrel. At 02:06 the Brent price reached $130.3.

The price of April futures for WTI crude was going up around 9.68 percent in the early hours of Monday, to $126.12 per barrel.

On Thursday, WTI crude went over $115 per barrel for the first time since September 22, 2008. The price of Brent crude oil, in turn, went over $119 per barrel, for the first time since February 13, 2013.

The Brent price reached a historic maximum in 2008, when it stood at over $143 per barrel. (ANI/Sputnik)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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