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Russia's invasion of Ukraine boosted prices above $100 a barrel for the first time since 2014

March 1, 2022
Recap: Oil prices slipped Friday after sharp rises earlier in the session on concern over potential global supply disruptions from sanctions on major crude exporter Russia. On Thursday, Russia's invasion of Ukraine boosted prices above $100 a barrel for the first time since 2014, ... Read More

Oil Futures Climbed After More Sanctions Were Unleashed to Isolate Russia

March 1, 2022
Recap: Oil futures climbed after more sanctions were unleashed to isolate Russia, while the U.S. and its allies consider releasing about 60 million barrels of crude from emergency stockpiles to quell supply fears. Over the weekend, the U.S. and its allies excluded some Russian le ... Read More

Both Brent and WTI Traded Above $100 a Barrel for the First Time Since 2014, as Russian Troops and Tanks Pushed into Ukraine and Airstrikes Hit the Country's Capital

February 25, 2022
Recap: Both Brent and WTI traded above $100 a barrel for the first time since 2014, as Russian troops and tanks pushed into Ukraine and airstrikes hit the country’s capital in an attack on Ukraine, which was authorized by Russian President Vladimir Putin in a televised address to ... Read More

Oil Prices Pushed Higher While Stocks Struggled on Wednesday After Ukraine Called Up Reservists and Russia Vowed a Strong Response to Western Sanctions

February 24, 2022
Recap:  Oil prices pushed higher while stocks struggled on Wednesday after Ukraine called up reservists and Russia vowed a strong response to Western sanctions. Traders had largely welcomed the sanctions as being less severe than feared, and mostly avoided Russian energy exports, ... Read More

The Crude Oil Market Climbed Sharply on Tuesday as the Russian/Ukrainian Situation Continued to Escalate

February 23, 2022
Recap: The crude oil market climbed sharply on Tuesday as the Russian/Ukrainian situation continued to escalate, as the chances of a full scale Russian invasion of the Ukraine grew into a distinct possibility. With the April Brent market nearly touching the $100.00 per barrel pri ... Read More

On Friday, the Oil Market Extended its Losses and Posted a Weekly Decline for the First Time in Two Months

February 22, 2022
Recap: On Friday, the oil market extended its losses and posted a weekly decline for the first time in two months as the prospect of increased Iranian oil exports eclipsed fears of potential supply disruption resulting from the Russia-Ukraine crisis. The crude market opened sligh ... Read More

On Thursday, the Crude Market Posted an Inside Trading Day, as the Talks to Revive the Nuclear Deal with Iran Entered the Final Stages

February 18, 2022
Recap: On Thursday, the crude market posted an inside trading day, as the talks to revive the nuclear deal with Iran entered the final stages pressured the market, while at the same time the market’s losses were limited by the heightened tensions between Russia and the West over ... Read More

The Oil Market, Which Was Set to Post an Inside Trading Day as it Remained Within Tuesday's Trading Range for Most of the Session, Sold Off Sharply Late in the Afternoon

February 17, 2022
Recap: The oil market, which was set to post an inside trading day as it remained within Tuesday’s trading range for most of the session, sold off sharply late in the afternoon, after the market had settled in positive territory. The market traded down to $91.63 in overnight trad ... Read More

The Oil Market Fell Close to $5, the Largest Drop in Oil Prices Since November 30th

February 16, 2022
Recap:  The oil market fell close to $5, the largest drop in oil prices since November 30th when the Omicron variant spooked the market. The market sold off sharply after Russia said some troops near Ukraine were returning to their permanent bases following military exercises.  W ... Read More

On Monday, the Crude Oil Market Reversed its Early Losses and Traded to a New Seven Year High Ahead of the Close

February 15, 2022
Recap: On Monday, the crude oil market reversed its early losses and traded to a new seven year high ahead of the close as the market remained supported by the Russian-Ukrainian crisis. The crude market opened 90 cents higher on Sunday night and traded to $94.94 following a state ... Read More
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