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[size=45]Oil records a new high, and Brent crude exceeds $ 111
19 minutes ago[/size]
19 minutes ago[/size]
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Oil prices in the global markets resumed their rise, as the price of Brent crude exceeded the barrier of 111 dollars.
Brent crude rose by two dollars and nine cents to reach one hundred and eleven dollars and seven cents per barrel, while US crude rose to one hundred and seven dollars.
The rise in oil prices comes in light of the repercussions of the Russian military campaign in Ukraine and fears of reduced supplies in the global market.
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