Oil extended gain on Monday on deepened Russia-Ukraine tension
Oil extended gain on Monday on deepened Russia-Ukraine tension
International benchmarks for crude oil settled higher on the first trading day of the week 21 February 2022 on escalating Russia-Ukraine tension. Meanwhile, OPEC+ continue to struggle to meet its production quotas, causing persistent global tightness.
Brent gained $1.85 to close at $95.39/barrel.
The US market is off for Presidential Day.