Oil jumpy as US weighs Russia oil embargo without allies - Business News, Finance News, Share Market News - Market trendz

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Tuesday 8 March 2022

Oil jumpy as US weighs Russia oil embargo without allies

Oil prices see-sawed on Tuesday as the United States considered acting alone to ban Russian oil imports rather than teaming up with allies in Europe, easing concerns of a wider disruption to crude supplies. Brent crude futures were up $1.06, or 0.9%, at $124.27 a barrel at 0223 GMT, after trading as high as $125.19 then dipping to $121.31.

from Commodities-Markets-Economic Times
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