Crude Oil Price (BRENT And USOIL) Hit 14-Year-High. Ca. +9% On Opening

Russia-Ukraine tensions keeps affecting markets, especially commodities, which are the most vulnerable to such conflicts. As we know international sanctions are being introduced so global inflation gains momentum.

Crude Oil Price – Implications:
UKOIL gained Ca. 8% on today’s opening, however, as the chart (courtesy of TradingView.com) shows, a small downtrend appeared sometime late.

https://www.fxmag.com/commodities/crude-oil-price-brent-and-usoil-h...

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