Oil prices increase as supplies in Europe can be disrupted

Source: Bloomberg
Both Brent and WTI oil prices jump on Monday for the first time since Thursday, as tensions between Ukraine and Russia escalate, which may lead to delay or disruption in energy supply to Europe, the biggest consumer of Russian gas. Brent prices added 0.7% to $108.11 in London, while WTI oil surged 0.6% to $104.34. Analysts expect that Brent value can advance to $109.50 before falling.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.