Brent prices soar by more than 40% in March 2026

MOSCOW: Brent oil futures with delivery in June 2026 surged by 42.02% on London-based ICE to $103.97 per barrel in this March, according to ...

MOSCOW: Brent oil futures with delivery in June 2026 surged by 42.02% on London-based ICE to $103.97 per barrel in this March, according to trading data.

WTI futures with the settlement in May 2026 gained 50.66% to $101.38 per barrel over this month.

Brent futures peaked on March 9, 2026 to as high as $119.5 per barrel for the first time since June 17, 2022. WTI futures reached their maximum on the same day and stood at $119.48 per barrel first time since June 15, 2022.

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