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Int'l Oil Prices Spike 5%+ as 2 Major Russian Oil Firms Sanctioned by US
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The US has imposed new sanctions on two major Russian oil companies. Brent oil futures price rose by 5.1% in electronic trading today (23rd). It last printed at USD65.78 per barrel. New York oil futures last leaped by 5.2% to USD61.44. A new round of sanctions announced by the US Treasury Department on Russia's two major oil companies, Rosneft and Lukoil, is aimed at forcing Russia to negotiate a peace agreement regarding the war in Ukraine. AAStocks Financial News |
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