US EditionOil rises as Russia-Ukraine tensions stoke supply concerns
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8 Articles
Oil rises as Ukraine war increases supply worries
Oil prices rose on Tuesday as concerns about supply disruptions grew amid an escalation of the conflict between Russia and Ukraine. The market is also weighing whether the upcoming U.S. jobs data will lead to interest rate cuts. Brent crude added 37 cents, or 0.54%, to $68.52 a barrel by 7:17 AM WAT, while U.S. West Texas Intermediate crude was at $65.02 a barrel, up $1.01, or 1.58%. WTI futures did not settle on Monday due to the Labor Day holi…
Oil prices rose in Asian trading today as concerns about supply disruptions increased due to the escalation of the conflict between Russia and Ukraine, Reuters reports.
Oil prices rose in early Asian dealings today Tuesday, with concerns about supply disruptions growing in the midst of the escalation of the Russian-Ukrainian conflict. Brent climbed 0.5% to record $68.50 per barrel by 06:00 Saudi time, while Texas's crude rose to $65 by 1.5%, as his future contracts were not settled yesterday due to a holiday in America.
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