Market Dynamics

Ukraine Tensions Propel Oil Toward $100/bbl

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Oil is racing toward $100 per barrel with geopolitics adding a fresh layer of upside risk to already bullish market fundamentals. Brent crude futures touched $90/bbl for the first time since 2014 this week, with political discord between Russia and the West over Ukraine thought to be adding at least $5/bbl to current oil prices.

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