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Oil surges to 7-year high above $90 per barrel as Russia-Ukraine tensions rise

3 monthes ago   |   By Business Insider

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Oil prices have surged to seven-year highs amid simmering tensions between Russia and Ukraine.
Traders are on the lookout for any disruption in oil production.
While the Fed signaling an imminent rate hike generated selling pressures, Brent was above $90 a barrel Thursday, Commerzbank said.
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Oil prices surged to seven-year highs on Thursday amid simmering tensions between Russia and Ukraine, outweighing clear signals of a tighter monetary policy from the Federal Reserve. Brent crude gained around 1% to...
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