For the best experience use inshorts app on your smartphone
Oil crosses $110 mark after EU plans phased ban on Russian oil
short by Ashley Paul / on 05 May 2022,Thursday
Oil price on Thursday crossed the $110 mark after the European Union laid out plans to place a phased ban on all Russian oil imports. Brent crude rose 1.4% to $111.73/barrel while US West Texas Intermediate (WTI) rose 1.2% to $109.11/barrel. "Today, we'll propose...a complete import ban on all Russian oil," EU chief Ursula von der Leyen said on Wednesday.
short by Ashley Paul / 09:37 pm on 05 May
For the best experience use inshorts app on your smartphone