Oil prices rallied early on Monday amid EU consultations about potentially joining the U.S. in banning imports of Russian oil. As of 7:45 a.m. ET on Monday, WTI Crude was up 3.87% at $108.91 and Brent Crude was trading up 3.93% at $112.30.…
By Uthman Salami Calls for ban of Russian crude may push oil prices to $300 a barrel if appropriate measures are not laid before such decision is taken, Nigerian NewsDirect reports. With the US ready said to vote as on the proposal…
By Uthman Salami Global oil prices have reacted to EU, US and Allies proposal to sanction crude from Russian over the latter’s unprovoked war and subsequent invasion of Ukraine. Earlier, the United State had had confirmed being talks with European…
By Uthman Salami Analysts have warned that global oil price could reach $150 if Western countries succeed in banning Crude from Russia. After attacking Ukraine, Russian government has seen different economic sanction from the West, but the region has been very reluctant…
