Russia’s invasion of Ukraine threatens to intensify the surge in global inflation, hurting oil demand and investment, the Organization of Petroleum Exporting Countries warned.
International crude prices briefly hit a 13-year high of almost $140 a barrel last week as a boycott of Russian...
Oil prices rose as much as $3 on Wednesday, bouncing back after earlier declines, as Russia's invasion of Ukraine continues to stoke volatile trading with ceasefire talks the latest market trigger.
Brent futures were last up $2.64, or 2.6%, at $102.55 a barrel, Reuters reported.
US West Texas...