Oil Soars 4% As Ukrainian Drones Override OPEC+ Hikes
5 Articles
5 Articles
Oil Soars 4% As Ukrainian Drones Override OPEC+ Hikes
Crude oil prices were trading up nearly 4% on Monday afternoon, with analysts attributing the spike to escalating geopolitical tensions, and the aftermath of a massive Ukrainian drone strike on four Russian military airports overnight
Oil prices rise toward $65 amid drone strikes on Russian military bases
Oil prices rose toward $65 on Monday in international markets as traders were concerned about Ukrainian drone strikes on military bases across Russia, stoking supply concerns. A barrel for August delivery was $1.90 higher at $64.68 in London midday on the London market than at the close of trading at the end of last week. Trading in July delivery closed at $63.90 on Friday. A barrel in the US market was trading $1.86 higher today, from $62.65. M…
Warren Buffett's Favorite Energy Stock Paces Bullish Oil Sector Move Amid Ukraine-Russia Attack
Warren Buffett-backed Occidental Petroleum (OXY), Diamondback Energy (FANG), APA (APA) and Halliburton (HAL) led an early rally in oil stocks Monday as oil prices jumped. The oil price move coincided with Ukraine's drone strikes on military airports in Russia, just ahead of the resumption of…
This weekend Ukraine has dealt a severe blow to Russia, which has been planning for over a year and a half, destroying dozens of strategic aircraft. According to sources of security to the Interfax agency, the operation was personally supervised by the President of Ukraine, Volodimir Zelenski, and devised by the head of the SBU, Vasil Maliuk, and his staff. Ukrainian military sources assured that the monetary value of the damage caused to the Ru…
Oil soars 4% as Ukrainian drones override OPEC+ hikes – Oil & Gas 360
(Oil Price) – Crude oil prices were trading up nearly 4% on Monday afternoon, with analysts attributing the spike to escalating geopolitical tensions, and the aftermath of a massive Ukrainian drone strike on four Russian military airports overnight. Overnight, Ukrainian drone attacks targeted Russia’s Kursk and Voronezh regions, igniting fires in residential buildings, causing significant disruptions to highway traffic and reportedly destroying o
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