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.