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

By Bala Augie
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Oil Prices

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Bala Augie
Bala Augiehttps://moneycentral.com.ng
Bala is the Editor of MoneyCentral Media. Bala is a Fellow (FCA) of the Institute of Chartered Accountants in Nigeria (ICAN) and holds a Bsc in Accounting from the University of Abuja. Bala has over 12 years’ experience in the financial journalism landscape with specialization in the Insurance, markets and Finance sectors.
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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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Explosions Reported in Kyiv as Putin says Russia is Launching an Attack on Ukraine
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