Oil jumpy as US weighs Russia oil embargo without allies

MELBOURNE: Oil prices see-sawed on Tuesday as the United States considered acting alone to ban Russian oil imports rather than teaming up with allies in Europe, easing concerns of a wider disruption to crude supplies.

Brent crude futures were up $1.06, or 0.9%, at $124.27 a barrel at 0223 GMT, after trading as high as $125.19 then dipping to $121.31.

Read more

You may also like

Comments are closed.

More in Newspapers