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[size=36]Oil prices recorded their highest jump in 7 years[/size]
Economie| 08:25 - 14/02/2022
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Follow-up - Mawazine News
, Monday, Oil prices hit their highest levels in more than seven years, amid fears that a possible Russian invasion of Ukraine would lead to US and European sanctions that would disrupt exports from the world's largest producer in an already tight market.
Brent crude futures were at $95.49 a barrel, up $1.05, or 1.11%, after earlier hitting a peak of $96.16, the highest since October 2014.
US West Texas Intermediate crude rose $1.27, or 1.36%, to $94.38 a barrel, hovering near a session high of $94.94, the highest since September 2014.
Comments from the United States regarding an imminent attack by Russia on Ukraine rattled global financial markets. Ended 29/A4
, Monday, Oil prices hit their highest levels in more than seven years, amid fears that a possible Russian invasion of Ukraine would lead to US and European sanctions that would disrupt exports from the world's largest producer in an already tight market.
Brent crude futures were at $95.49 a barrel, up $1.05, or 1.11%, after earlier hitting a peak of $96.16, the highest since October 2014.
US West Texas Intermediate crude rose $1.27, or 1.36%, to $94.38 a barrel, hovering near a session high of $94.94, the highest since September 2014.
Comments from the United States regarding an imminent attack by Russia on Ukraine rattled global financial markets. Ended 29/A4
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