Oil eyeing USD 100 after Ukraine escalation
While stock markets are enjoying a partial recovery, oil and gas prices remain elevated as a conflict in Ukraine significantly increases the risk of disruptions to Russian supply. While there is reportedly no desire to intentionally restrict supplies in the face of further escalation, assurances will be taken with a pinch of salt given recent developments.
The market remains extremely tight for oil and gas and the risk of disruption will result in a
22-02-2022 10:47 GMT
by Craig Erlam
