Global oil prices surge above $100 for first time since 2014

Brent crude, the global benchmark, added more than 6% to trade at $102.80 per barrel by 3:20 a.m. ET on Thursday. Brent last traded above $100 per barrel in 2014. US oil prices increased 6% to $97.30 per barrel.Global oil supplies are very tight. Analysts have warned that any disruptions to exports from Russia, the world's No. 2 oil producer, would drive prices even higher.

Oil prices surged after Russian forces began an attack on Ukraine, with reports of troops crossing the border to the north and south, and explosions in multiple cities including the capital Kyiv.The International Energy Agency warned earlier this week that military action could put at risk 250,000 barrels per day of Russian oil exports transiting Ukraine via pipeline to supply Hungary, Slovakia and the Czech Republic. However, those countries have ample emergency stocks.

Get a DUI don't have to worry about gas prices just saying 😂😂

Build back better baby!

🧐🧐🧐

What about that

Please follow me🙏 I promise to follow back

Feel awkward talking to someone wearing a mask? Use free app Bost to easily communicate with new people at the same place. Download for free at Apple & Google

Did you notice guys how 'WAR' is accelerating by USA and the same bullshit 'covid' media? 😅😜

Please call it an “invasion”. It’s not a friendly drill.

CNN you want to be our source. But the question still remains, do you even know what the truth is anymore?

Now tell everyone that the last time we had a weak leader Putin did this . He would be Obama

It's time for American Frackers to go into all-out production mode for oil and natural gas for LNG exports. Let's rock-n-roll fellas and start cranking it out. There is a huge opportunity to pickup export business and keep it long term.

Salkarb Please follow me I follow back in a sec

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crude Oil Jumps as Russian Troops Enter Ukraine, Oil Eyes $100 a BarrelOil remains strongly bid in the current environment and will remain so, although it is unlikely that Russian oil and gas supply will be affected by any upcoming sanctions. Get your market update from nickcawley1 here:
Source: DailyFX - 🏆 305. / 63 Read more »

Oil prices pop 4% as Russia launches attack on Ukraine; Brent hits $100 for first time since 2014Brent crude hit $100 before easing on Thursday, after Russia announced it would launch a military action in Ukraine and reports surfaced of explosions in Kyiv.
Source: CNBC - 🏆 12. / 72 Read more »

U.S. drivers brace for the highest prices in 9 years as oil approaches $100 a barrelU.S. drivers are looking at the highest prices for gasoline at the pump since at least 2013, with prices for oil eyeing $100 a barrel --- a level it hasn’t...
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks sink, oil nears $100 per barrel as Biden sticks Russia with sanctionsStock investors endured another volatile session as the Russia-Ukraine crisis continues. Fox really? He won't hit any where with sanctions that he has interest in
Source: FoxBusiness - 🏆 458. / 53 Read more »

Oil prices near $100 a barrel and stocks sink as Ukraine crisis deepensMounting concerns over the conflict are hitting global financial markets driving up crude prices to an eight-year high. UK barrage all bluff from Russian funded liar “Boris” . “ Sanctioning 5 wee banks and 3 non resident oligarchs suggests the Government cares more about protecting Tory party donations and Londongrad Property Market than it does about imposing meaningful sanctions against Moscow” Which US govt officials have financial investments in Russian interests? Which US based corporations and US Allies have business agreements with Russia?
Source: CBSNews - 🏆 87. / 68 Read more »

$100 oil prices impacts consumers less than it used to, portfolio manager saysAdviser Investments portfolio manager Adam Johnson discusses his outlook for oil prices. Most portfolio managers make 7 figures not 5 Biden been calling for this for awhile now ? Only because everything else is already too expensive. That's a rather lame comparison.
Source: FoxBusiness - 🏆 458. / 53 Read more »