LONDON—Oil prices slipped on Friday, after sharp rises in the session, on concern over potential global supply disruptions from sanctions on major crude exporter Russia. The April Brent crude futures contract was down 33 cents, or 0.3 percent, to $98.75 a barrel at 1045 GMT, after climbing to as high as $101.99. The more active…
Stocks Stage Tentative Rebound After Coordinated Sanctions on Russia
LONDON—European stocks rose on Friday following Wall Street’s dramatic late rally, as investors welcomed coordinated Western sanctions against Russia that targeted its banks but left its energy sector largely untouched. Oil prices initially fell back sharply but were back above $100 a barrel in early European trading. The jump in stocks was modest, however, and…
Stocks Dive, Oil Jumps Above $100 as Russia Invades Ukraine
LONDON—Oil prices broke above $100 a barrel for the first time since 2014, stock markets slumped and the rouble hit a record low on Thursday after Russian President Vladimir Putin launched an invasion of Ukraine. Markets displayed all the predictable reactions. Europe’s, main stock markets opened 2.5 percent–4 percent lower, and benchmark government bonds, the…
Oil Falls as Russia, Ukraine Supply Fears Wane
LONDON—Oil prices fell on Wednesday, retreating from seven-year highs hit the previous day as it became clear that the first wave of U.S. and European sanctions on Russia was unlikely to disrupt oil supplies. Brent crude was down 59 cents, or 0.6 percent, to $96.25 a barrel at 1027 GMT, after hitting $99.50 on Tuesday,…
Oil Hits Highest Since 2014 on Russia-Ukraine Escalation
LONDON—Oil hit its highest since 2014 on Tuesday as tensions between Russia and Ukraine escalated after Moscow ordered troops into two breakaway regions in eastern Ukraine, adding to supply concerns that are pushing prices to near $100 a barrel. The United States and its European allies are poised to announce new sanctions against Russia after…
Euro Volatility Jumps as Russia Orders Troops to Ukraine Regions
LONDON—The euro one-month volatility level jumped on Tuesday to its highest in 15 months, as the single currency was hit by rising risk aversion amid a gas price surge and escalation of tensions in Ukraine. Russian President Vladimir Putin ordered troops to two breakaway regions in Ukraine, sending the euro one-month volatility to its highest…
Oil Prices Jump, Shares Sink as Russia Edges Toward Ukraine
BANGKOK—Oil prices surged nearly 5 percent and stock prices dropped after Russian President Vladimir Putin ordered forces into separatist regions of eastern Ukraine, bringing a long-feared invasion a step closer. Russia is a major energy producer and the tensions over Ukraine have brought wide swings in volatile energy prices, on top of the inevitable risks…
Oil Rises as Tight Market Looks to Russian-Western Diplomacy
LONDON—Oil prices rose slightly on Monday as fresh diplomatic efforts to resolve the Ukraine crisis provided some relief from supply concerns that have kept oil prices near $100 a barrel. Brent crude futures rose 25 cents, or 0.3 percent, to $93.79 a barrel at 1000 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 35…
Oil Heads for Weekly Fall on Iranian Oil Hopes
LONDON—Oil prices extended losses on Friday and were heading for a weekly fall as the prospect of increased Iranian oil exports eclipsed fears of potential supply disruption resulting from the Russia-Ukraine crisis. Brent crude futures fell $1.54, or 1.6 percent, to $91.43 a barrel by 1236 GMT, extending a 1.9 percent drop from the previous…
Global Shares Mixed as Ukraine Tensions Persist
BANGKOK—World shares were mixed on Friday as investors watched developments in the Ukraine after the U.S. warned of a high risk of a Russian invasion. Benchmarks rose in London, Paris, and Shanghai but fell in Hong Kong and Tokyo. Oil prices fell and U.S. futures were higher. The U.S. has issued some of its starkest,…
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