Business Standard

As Brent crude inches towards $100 mark, what does it mean for the world?

Average natural gas prices in January and February highest in the last nine years

Oil, Brent Crude, Oil Prices, Oil Companies
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Russia ranks second in the world after OPEC countries in oil exports

Ishaan Gera New Delhi
Tensions in Ukraine are leading to a rise in oil prices. On Wednesday, prices of Brent crude hit $96 per barrel—the highest since 2014. Now, with the US threatening to impose more sanctions on Russia and countries lifting the remaining Covid-19 restrictions, the situation may get further exacerbated as the threat of war looms.


A Business Standard analysis of data shows why restrictions on Russia may further impact energy

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First Published: Feb 23 2022 | 6:13 PM IST

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