Oil breaks $90/bbl for the first time since 2014 on Russia tensions
kathmandupost.com · Wed Jan 26 17:06:17 GMT 2022
Brent crude rose $2.02, or 2.3%, to $90.22 by 11:21 a.m. EST (1621 GMT), the first time the global benchmark has broken $90 since October 2014.
Oil touched $90 a barrel for the first time in seven years on Wednesday, supported by tight supply and rising political tensions in Russia that raised concerns about further disruption in an already-tight market.
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