USCommodity Brent Oil Fund LP ETF News

Escalation of the Ukraine crisis sparked fears of a disruption to the Russia''s oil exports

Here we go. There are reports of explosions in Kiev, Kharkiv, Odessa, Mariupol and elsewhere. So far all the reports are in the eastern half of Ukraine.This is war.I''m shocked at the calm in the FX market but I imagine that''s only a matter of time. Brent crude briefly touched $100 for the

Brent crude rose 73 cents, or 0.75%, to $97.57 a barrel at 0130 GMT, after soaring as high as $98.08.

Brent crude fell 11, or 0.3 per cent, to $91.80 a barrel at 1:05 p.m. EDT (1805 GMT), after hitting $99.50 on Tuesday, the highest since September 2014

BEIJING : Oil prices gained more than $1 on Thursday, trading below seven-year highs hit earlier this week, as fresh developments on the Russia-Ukraine crisis sparked concerns that supported prices. Brent crude rose 73 cents, or 0.75per cent, to $97.57 a barrel at 0130 GMT, after soaring as high as $98.08

Following the escalation in the Russia-Ukraine crisis, oil prices surged within striking distance of $100 a barrel early on Tuesday, when Brent hit $99.50 before retreating to the $97 mark. The already priced-in geopolitical risk premium is probably more than $10 per barrel, analysts say, and most of them believe it’s just a matter of when—not if—oil hits the triple-digit threshold. Although the Ukraine premium is a large part of the current rally towards $100 oil, there are several bullish fundamentals that…

Oil prices have approached to $100 per barrel on the Russia-Ukraine tensions.

Brent crude was down 59 cents to $96.25 a barrel at 1027 GMT, after hitting $99.50 on Tuesday, the highest since September 2014

Oil prices fell in European trade for another session with Brent moving off eight-year highs on

Oil prices traded near to $100 per barrel on Tuesday as tension between Russia, the worlds largest crude producer, and Ukraine intensified. On Wednesday data from Reuters showed Brent crude, the benchmark for Nigerias oil was at $99.36, the highest since August 1, 2014, before moderating to $96.43 per barrel later in the day. U.S. West Texas Intermediate (WTI) crude futures was at $92.27 per barrel. Read also: Oil marketers extend operation as fuel scarcity lingers The latest price is above the oil benchmark of $62/barrel in Nigerias 2022 budget. The development cane after Moscow ordered troops into two breakaway regions in eastern Ukraine. In a television address, Mr. Putin described Ukraine as an integral part of Russias history and said eastern Ukraine was ancient Russian lands and that he was confident that the Russian people would support his decision. He announced his decision in phone calls to the leaders of Germany and France, who voiced disappointment, the Kremlin said, and was later shown on state television signing the decree.

There''s every chance we could see Brent oil prices above $100 soon.

Brent crude rose 11 cents, or 0.01%, to $96.95 a barrel at 0730 GMT, after soaring as high as $99.50 on Tuesday, the highest since September 2014

Brent Oil has extended its uptrend after breaking above 2018 high of $86.75. A move beyond $101.50/101.90 would open up furthe gains towards $114/117,

Brent crude oil prices climbed to fresh 7-year highs as investors mulled sanctions imposed on Russia by the US and its allies after the Ukraine situation escalated this week. Iran nuclear talks are

Brent crude rose 30 cents, or 0.3%, to $97.14 a barrel at 0442 GMT, after soaring as high as $99.50 on Tuesday, the highest since Sept. 2014.