By 5:16 a.m. Moscow time, the futures price exceeded $117 per barrel MOSCOW, March 9. /TASS/. The price of Brent crude oil for May 2026 delivery exceeded $115 per barrel on London's ICE Exchange for the first time since June 29, 2022, according to trading data. As of 5:12 a.m. Moscow time (2:12 a.m. GMT), oil was trading at $115.33 per barrel (up 23.21%). By 5:16 a.m. Moscow time (2:16 a.m. GMT), oil prices accelerated their rise, exceeding $117 per barrel for the first time since June 17, 2022,