Brent Crude Oil Surpasses $100 per Barrel in Trading

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08:36; 12 March 2026 year
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Brent crude oil prices surged above $100 per barrel during trading on March 12, according to data from the London-based ICE Futures Exchange.

The price of the May Brent crude oil futures contract rose by 10.45%, reaching $101.59 per barrel.

Meanwhile, the price of the April WTI crude oil futures contract increased by 8.29%, reaching $94.48 per barrel.