Some physical oil cargoes top $130 a barrel, nearing April's record, on Saudi disruptions ↧ ↧ Some physical oil cargoes top $130 a barrel, nearing April's recor... Prices for some physical oil cargoes in Europe have jumped to more than $130 a ​barrel on Tuesday, approaching record highs reached in ‌April, as buyers rush to find alternatives to Middle East supplies facing increasing disruptions from intensifying conflict in the region.