Bank Of Baku

Oil rises as U.S. says Russian attack on Ukraine may occur soon

Oil rises as U.S. says Russian attack on Ukraine may occur soon
# 24 February 2022 08:01 (UTC +04:00)

Oil prices gained more than $1 on Thursday, trading below seven-year highs hit earlier this week, as fresh developments on the Russia-Ukraine crisis sparked concerns that supported prices, APA reports quoting Reuters.

Brent crude rose 73 cents, or 0.75%, to $97.57 a barrel at 0130 GMT, after soaring as high as $98.08.

U.S. West Texas Intermediate (WTI) crude futures jumped 85 cents, or 0.9%, to $92.95 a barrel, after rising to as much as $93.50.

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