Oil is rapidly getting more expensive

World oil prices have increased by 3 percent. WTI fuel cost rose above $ 120 per barrel for the first time since the beginning of March, TASS.

According to information at 22:24, the price of August oil futures Brent rose 2.98 percent – to $ 121.12 per barrel. July futures on WTI increased by 2.87 percent, to $ 120.23. The cost of WTI reached this level for the first time since March 9th.