Brent oil futures with delivery in May 2023 surged to $86 a barrel on the London-based ICE for the first time since February 16, according to trading data, Trend reports citing TASS.
Brent prices gained 1.47% and climbed to $86 per barrel.
WTI futures with settlements in April 2023 surged by 2.16% to $79.85 per barrel.
