The price of Brent crude rose above $123 per barrel for the first time since March 24

As of 8:10 Moscow time, the cost of a futures contract for Brent crude for July delivery reached $123.34 per barrel.

The cost of a futures contract for WTI crude oil with delivery in July reached $118.66 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.