The price of Brent oil futures climbed again on Tuesday and opened today’s session over $112 a barrel as European borrowing costs fell, stock markets climbed and the euro strengthened against the US dollar. Latest Brent Oil Price In London, Brent crude oil futures for March 2012 delivery was trading at $112.07 a barrel, 07.58 GMT this morning on the ICE Futures Exchange. The European oil contract finished Tuesday’s trading session at $111.66 a barrel, or 0.3 percent higher on the day after choppy trading from $110.54 to $112.79
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