Uscommodity 12 Month Oil Etf ETF News

Futures in London jumped as much as 3.3% as Russia’s dramatic escalation of the Ukraine crisis sparked fears of a disruption to the region’s critical energy exports.

Rouble hits record low after Russian President Vladimir Putin launched an invasion of Ukraine

Traffic was temporarily stopped on the M6 after two vehicles collided near Preston, resulting in an oil spill.

Even with the Russian incursion just at its start, markets expected immediate sanctions that would disrupt the world economy.

India is far better positioned than it was during previous oil price shocks: Indranil Sengupta, CLSA.

Sen. Chris Ngige, the Minister of Labour and Emnployment says without President Muhammadu Buhari’s leadership style, the experience of Nigeria would have been like some nations in severe crises. Ngige therefore described leadership as very critical to the survival of any human society. Ngige said this after his induction as a Distinguished Honorary Fellow of the Institute of Leadership, Enterprenuership and Corporate Governance (INSLEC) on Wednesday in Abuja. INSLEC is a leading global professional body of both present and aspiring leaders, entrepreneurs and people in corporate governance. Ngige made this known in a statement by Mr Charles Akpan, the Deputy Director, Press and Public Relations in the ministry. He said that Nigeria was passing through hard times not because of the current government, but as a result of poor planning over the years. According to him, a good leader must be visionary, see things others are not seeing and things that can be projected futuristically and bring them out for implementation. “A good leader must be an implementation man; he should be knowledgeable, because after the vision, he will dissect and crystalise them; he should be a jack of all trade and master of all. “He may not score distinction in all but should be able to score distinction in many. “He must also be courageous to implement hard decisions.

Forex traders said sustained foreign fund outflows, a lacklustre trend in domestic equities and elevated crude oil prices weighed on investor sentiment.

Oil''s surge to $100 a barrel for the first time since 2014 represents a double-blow to the world economy by further denting growth prospects and driving up inflation.

Forex traders say Russian military operations in Ukraine, sustained foreign fund outflows and elevated crude oil prices weighed on investor sentiment

Military operation sparks worry over disruption to Russian energy exports

Asian stock markets plunged and oil prices surged to nearly $100 a barrel Thursday after Russian President Vladimir Putin announced the incursion.

“The relief rally has quickly reversed course,” said Jeffrey Halley of Oanda in a report. “Equities are tanking in Asia.”

Indian shares tumbled 3% on Thursday as investors dumped risky assets after Russian troops fired missiles at several Ukrainian cities which Kiev said was a full-scale invasion, sending oil prices higher and stoking inflation worries.

Huh, something else is going on in the world!

Stocks dive, oil surges as Russia invades Ukraine