Russia Coup Attempt Sparks Oil Price Surge
TL;DR Summary
Oil traders and analysts are anticipating a rise in energy prices due to the conflict in Russia, which could potentially hamper oil supply to global markets. Traders are planning to increase bets on the price of oil going up, with the most actively traded contact for global crude benchmark Brent settling at $74.01 a barrel on Friday after a volatile week of price swings.
- Oil Prices Expected to Jump on Conflict in Russia The Wall Street Journal
- Risk premium tied to Russia coup attempt may arise when oil markets reopen Monday Houston Chronicle
- View Full Coverage on Google News
Reading Insights
Total Reads
0
Unique Readers
2
Time Saved
0 min
vs 1 min read
Condensed
33%
96 → 64 words
Want the full story? Read the original article
Read on The Wall Street Journal