Jan 13, 2025 7:39 p.m.

Oil fell another 2% after Russia pledged full contractual obligations

Oil fell another 2% after Russia pledged full contractual obligations

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International benchmarks for crude oil fell another 2% on Thursday, 10 March 2022 after Russia said it committed to fulfilling contractual obligations while industry experts reiterated that concerns over the supply disruptions were overdone. 

Brent fell $1.81 or 1.6% to close at $109.33/barrel. 

WTI plunged $2.68 or 2.5% to settle at $106.02/barrel.