Brent crude soared near $130 a barrel on Monday, its highest since 2008, as the United States and European allies mull a Russian oil import ban and delays in the potential return of Iranian crude to global markets fuelled tight supply fears. Brent crude futures jumped $10.88, or 9.2 percent, to $128.99 a barrel by…
Stocks Deepen Week’s Losses as Ukraine Invasion Escalates
LONDON—Stocks extended their losses for the week on Friday as investors piled into government bonds and gold for cover while scrutinizing the latest twists in Russia’s escalating invasion of Ukraine, which included seizing a huge nuclear plant. Industrial metals, grains, and oil gained while Asian shares mined 16-month lows after news of a fire, later…
Oil Prices Hit Multi-Year Highs as Supply Tightens
LONDON—Benchmark Brent crude oil prices climbed close to $120 a barrel on Thursday, with Russian oil exports disrupted as traders try to avoid becoming entangled in sanctions. Support also came from U.S. crude stockpiles at multi-year lows, helping to lift Brent crude futures as high as $119.84 a barrel for the highest level since 2012….
Global Stocks Mixed After Fed Chair Backs Smaller Rate Hike
March 3, 2022
admin
Business & EconomycommoditiescrisiseconomyEuropeFedglobalMarketsrateRussiaRussia-Ukraine WarstocksUkraineWorld
0 Comment
BEIJING—Global stock markets were mixed Thursday and oil prices jumped another $5 as Russian forces whose attack on Ukraine has roiled financial markets bombarded the country’s second-largest city and besieged two ports. The economic fallout from the Russian invasion expanded, with Fitch Ratings and Moody’s Ratings cutting Russia’s credit rating. They said the invasion and…
Oil Markets Hit Multiple Records as Russia Sanctions Bite, Disrupt Trade Flows
March 2, 2022
admin
Business & EconomycommoditiescrisisEuropeglobalMarketsOilRussiaRussia-Ukraine WarsanctionsstocksUkraineWorld
0 Comment
Oil benchmarks are hitting multiple prices and spread milestones across several key markets as the fallout from severe sanctions on key exporter Russia sows confusion and panic among global crude oil traders, shipping firms, and importers. Brent crude topped $112 a barrel on Wednesday, the highest since 2014, shrugging off news that several developed countries…
Stocks Fall, Oil Tops $110 a Barrel as Ukraine War Rages
March 2, 2022
admin
Business & EconomycommoditiescrisiscryptocurrencyEuropeglobalMarketsRussiaRussia-Ukraine WarstocksUkraineWorld
0 Comment
BEIJING—Global stock markets slid Wednesday and oil prices surged more than $7 per barrel as Russian forces stepped up attacks on Ukrainian cities. Frankfurt, Shanghai, Tokyo, and Paris declined as President Vladimir Putin’s invasion fed fears of global economic turmoil. London opened higher. The war is adding to worries about global economic growth as the…
Oil Prices Soar as Ukraine Conflict Stokes Supply Concerns
LONDON—Oil prices surged on Tuesday as concerns over supply disruptions after Russia’s invasion of Ukraine and related sanctions outweighed talks of a coordinated global crude stocks release. May Brent crude futures were up $5.14, or 5.25 percent, to $103.11 a barrel by 1145 GMT. The benchmark touched a seven-year high of $105.79 after the invasion…
Global Shares Mixed as Russia, Ukraine Plan Further Talks
TOKYO—World shares were mixed Tuesday after talks between Russia and Ukraine aimed at ending the war just yielded an agreement to meet again. European markets opened mostly lower while Asian shares and U.S. futures were mostly higher. Oil prices rose. A 40-mile convoy of Russian tanks was threatening Ukraine’s capital Kyiv in the sixth day…
Oil Soars as Russian Energy Supply Fears Intensify
LONDON—Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and blocked some Russian banks from a global payments system, which could cause severe disruption to its oil exports. Brent crude rose $2.65, or 2.7 percent, to $100.58 by 1255 GMT after touching a high of $105.07 a barrel in early trade….
Russia Sanctions Ripple Across World Markets, Rouble Tanks
LONDON—World stocks slid, oil prices jumped and the rouble tanked to fresh record lows on Monday, as the West ramped up sanctions against Russia for its attack on Ukraine that included blocking banks from the SWIFT global payments system. Russia’s central bank raised its key interest rate to 20 percent from 9.5 percent in an…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta