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Tuesday, March 21, 2023

Brent Crude Prices Jump Near $100/barrel as Russia Attacks Ukraine

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Oil prices leaped by 3% on Thursday after Russia announced it would launch a military action in Ukraine and reports surfaced of explosions in Kyiv.

International benchmark Brent crude futures jumped 3.03% to trade at $99.77 per barrel. U.S. crude futures shot up by 3.52% to trade at $95.38 per barrel.

Natural gas jumped 2.33%. Explosions were heard in Ukraine’s capital of Kyiv, NBC News reported.

This is breaking news. Please check back for updates.

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