Oil slips back below $100
Oil prices are marginally up on the day but are back below USD 100 after giving up almost all of the gains since the invasion began. Don't get me wrong, crude trading near USD 100 is still very high and there remains plenty of Ukraine risk premium priced in at these levels, but it's given up those gains very quickly.
I expect we'll continue to see plenty of volatility in oil markets for some time, with plenty of interest in the dips as geopolitical tensions remain so
25-02-2022 08:59 GMT
by Craig Erlam