Crude Oil tries to break above $70 as Moscow fires intercontinental ballistic missile into Ukraine

Oil News

Crude Oil tries to break above $70 as Moscow fires intercontinental ballistic missile into Ukraine
CommoditiesUnitedstatesSEO
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 6 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Crude Oil prices are trying to break above $70 for a second consecutive day, fueled by headlines that Russia has launched a ballistic missile into Ukraine for the first time in the war, Bloomberg reports.

Crude Oil edges higher as Russia responds to Ukraine’s missile attacks by launching an intercontinental ballistic missile for the first time in the war. The Russian missile attack targeted critical infrastructure in the city of Dnipro. The US Dollar Index is being fueled by safe-haven inflows, though it faces resistance.

influence the price of WTI Oil? decides to lower quotas, it can tighten supply, pushing up Oil prices. When

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

Commodities Unitedstates SEO

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crude Oil aims for $70 as geopolitical tensions drive prices higherCrude Oil aims for $70 as geopolitical tensions drive prices higherCrude Oil prices are ripping higher for a third day in a row on Wednesday, getting close to the $70 round level, as geopolitical tensions – namely the escalation in the war between Russia and Ukraine – take over market sentiment to the detriment of stockpile data.
Read more »

Crude Oil gives back part of Monday’s gains with US Oil market in tipping pointCrude Oil gives back part of Monday’s gains with US Oil market in tipping pointCrude Oil price slides lower on Tuesday after a key gauge on the US Crude market signaling a substantial glut taking place for the first time in nine months. The spread in price between Oil futures contracts for immediate deliveries against those a
Read more »

Crude oil little changed after rallying on escalating Ukraine-Russia tensionsCrude oil little changed after rallying on escalating Ukraine-Russia tensionsMoscow’s full-scale invasion of Ukraine roiled global energy markets in 2022 as European nations sought to end their dependence Russian natural gas.
Read more »

Crude Oil ticks up as tensions between Russia, Ukraine intensifyCrude Oil ticks up as tensions between Russia, Ukraine intensifyCrude Oil price is trading below $68.00 on Monday, ticking up slightly following the escalation in the war between Russia and Ukraine over the weekend. Russia launched a large air strike to hit Ukraine’s power grid, while US President Joe Biden’s
Read more »

Sam Bankman-Fried Henchman to Forfeit $70 Million, Yacht in Proposed SettlementSam Bankman-Fried Henchman to Forfeit $70 Million, Yacht in Proposed SettlementSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »

Score this killer Marshall Bluetooth speaker for only $70!Score this killer Marshall Bluetooth speaker for only $70!Say yes to great-sounding music on the go with the Marshall Willen Bluetooth Speaker, now on sale at Best Buy for only $70.
Read more »



Render Time: 2025-02-12 22:11:34