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U.S. West Texas Intermediate (WTI) crude futures rose $4.35, or 4.2%, to $109.05

Oil prices soared as EU mulls over banning Russian oil

rent crude futures climbed $4.55, or 4.2%, at $112.48 a barrel while the U.S. West Texas Intermediate (WTI) crude futures rose $4.35, or 4.2%, to $109.05

By Shubhangi Mathur
Published - Mar 21, 2022, 07:39 PM ET
Last Updated - Feb 20, 2024, 11:37 PM EST

Brent crude futures climbed $4.55, or 4.2%, at $112.48 a barrel

U.S. West Texas Intermediate (WTI) crude futures rose $4.35, or 4.2%, to $109.05

Oil prices soared more than $4 on Monday as the European Union nations are mulling over banning Russian oil, like the United States.

Brent crude futures climbed $4.55, or 4.2%, at $112.48 a barrel while the U.S. West Texas Intermediate (WTI) crude futures rose $4.35, or 4.2%, to $109.05.

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