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(Bloomberg) -- Russian assets nosedived as military attacks across Ukraine prompted emergency central bank action and investors braced for the toughest round of Western sanctions yet, wiping out as much as $259 billion in stock-market value.Most Read from BloombergRussia Hits Airfields; Kyiv Imposes Martial Law: Ukraine UpdatePutin Orders Russian Attacks Across Ukraine in ‘Dark Day’The $200 Billion Club Loses Last Member as Elon Musk’s Wealth TumblesStocks Sink, Brent Scales $100 on Russia Assau

Middle East crude benchmarks Oman and Dubai eased towards the end of trading this month

Nigeria has been left in the rear while oil-producing countries pocket fortunes on the back of Russia, Ukraine tensions. Naija News understands that Brent crude, the international benchmark for oil hit $100.07 in the early hours of Thursday morning before returning to N99.40 some minutes later. The federal government has lamented the inability of the country to take full advantage of the rising oil price , watching its contemporaries enjoy the benefits. Speaking on the recent development at an interview with Bloomberg on Wednesday, Nigerian Minister of State for Petroleum, Timipre Sylva noted that because the country was not producing enough to meet its OPEC quota it was not gaining much from the oil price rally. Meanwhile, it has been predicted earlier that oil price is likely to surpass $100 before the end of the week. Sadly, when the prediction came to fulfilment, Nigeria was not ready to enjoy the oil windfall and Sylva did not fail to stress the headache facing the country. The Minister pointed out that with subsidy and production level, the comfortable price range for Nigeria would be between $70-$80 at this point.

New Delhi, Feb 24 (IANS) Brent-indexed crude oil prices climbed above $100 a barrel for the first time since 2014 after Russia declared war on Ukraine. On Thursday, Russian President Vladimir Putin announced a military operation in Ukraine. Besides, crude oil prices surged by 5.50 per cent near 97.22 per barrel on the NYMEX WTI […] The post Russia-Ukraine war sends Brent Crude Oil prices beyond $100 appeared first on Buziness Bytes .

Brent #oil soars past $100 as #Russia attacks targets across #Ukraine. h/t Holger Zschaepitz Our Twitter for Quick Updates: Twitter Follow Us

Brent crude oil prices hit $100 per barrel for the first time since 2014 as Russia invaded Ukraine setting off a dramatic and tragic chain of events Thursday morning. How will the rise in crude oil prices affect the Indian economy? #BrentCrude #Oilprices #RussiaInvasion

Oil prices soared on Thursday with Brent surging over the $100 barrel mark for the first time in eight years. The post Oil price soars past $100 mark as Russia-Ukraine crisis escalates appeared first on Offshore Energy .

* Putin orders military operations in Ukraine * Brent hits high of $101.34/bbl, highest since Sept 2014 * WTI touches high of $96.51/bbl, highest since Aug 2014 (Recasts, adds milestones, comments, updates prices) By Emily Chow BEIJING, Feb 24 (Reuters)…

The increase is alarming since Russia is a key supplier of energy to global customers.

Brent crude oil hit $100 a barrel and stock futures fell sharply late Wednesday after blasts were heard in Ukraine and Russian President Vladimir Putin announced a military operation in Donbas.

Brent surged to $100.04 a barrel after the announcement, as concerns grew about a full-scale conflict in eastern Europe.

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