Oil continued to rise on intensifying concerns over the Russia-Ukraine tension
Oil continued to rise on intensifying concerns over the Russia-Ukraine tension
International benchmarks for crude oil rose to the highest levels in more than 7 years on Monday, 14 February 2022 on heightened fear that Russian would initiate invasion into Ukraine on 16 February.
Brent jumped $2.04 or 2.2% to close at $96.48/barrel.
WTI rose $2.36 or 2.5% to close at $95.46/barrel.