Oil surges as sanctions seen disrupting Russian supplies; China, India reportedly turning away tankers

Rate this post


Data analysis in commodity energy market. charts and quotes US WTI crude oil price analysis. A shocking drop in prices over the past 20 years.

SlavkoSereda/iStock via Getty Images

Crude oil futures jumped to a five-month high on Monday, extending a rally that began on Friday after news of an expansion of U.S. sanctions on Russian oil targeting several producers and hundreds of tankers that analysts said threatens to disrupt global supplies.

Sanctions

 
Report

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *