Crude oil futures prices rose on Thursday (17th), WTI crude oil and Brent crude oil both returned to above $100 a barrel, a partial rebound after a 3-day losing streak, due to the intensified Russian-Ukrainian war and expectations of a sharp reduction in Russian crude oil supplies. warming up...
Crude oil prices rose on Friday but ended the week lower as traders assessed potential efforts by countries to fill a void in the global market for Russian oil.
President Biden announced that the United States and its allies will revoke Russia's "most-favored-nation" status in trade.
The oil...
US President Joe Biden has announced a new round of sanctions against Russia’s invasion of Ukraine. Biden called out Putin for disregarding the U.S. and other allies’ attempts to prevent an attack.
“He rejected every good faith effort the United States and our allies and partners made to...
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