economy

March 10, 2026

Brent crude oil price exceeds $115 per barrel for first time since June 29, 2022

By 5:16 a.m. Moscow time, the futures price exceeded $117 per barrel

Brent crude oil price exceeds $115 per barrel for first time since June 29, 2022

TL;DR

  • Brent crude oil for May 2026 delivery exceeded $115 per barrel.
  • This is the first time prices have reached this level since June 29, 2022.
  • Prices later accelerated, exceeding $117 per barrel by 5:16 a.m. Moscow time.
  • This $117+ price point is the highest since June 17, 2022.

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