The price of Brent crude rose above $121 a barrel for the first time since March 24

As of 20:12 Moscow time, the cost of a futures contract for Brent crude for July delivery reached $121.25 per barrel.

The cost of a futures contract for WTI crude oil with delivery in July reached $116.53 per barrel.

Earlier, the director of the Energy Development Fund, Sergei Pikin, commented in an interview with the FBA "Economy Today" on the situation with Russian oil.