The price of a barrel of oil is heading for 100 dollars, a maximum not seen since 2014

The price of a barrel of oil is heading for 100 dollars, a maximum not seen since 2014

This increase responds to the tensions between Russia and Ukraine. The Ibex 35 has also started the session this Tuesday with a fall of 2.45%.

The price of a barrel of oil has reacted with sharp rises, which bring its price close to the level of 100 dollars, to the decision of the Russian president, Vladimir Putin, to recognize the independence of Donetsk and Lugansk, self-proclaimed republics in 2014, in addition to ordering the Armed Forces of Russia will deploy to both territories in a “peacekeeping mission”.

In this way, the price of Brent crude oil for delivery in April continues its strong trend this Tuesday Upward trenduntil reaching $99.01a rise of 3.79% compared to the close of the previous day.

This increase, which responds to the tensions in Ukraine, means that oil is at unseen highs since 2014.

The Ibex 35 wakes up with a fall of 2.45%

The Ibex 35 has started the session this Tuesday with a fall of 2.45%, which has led the selective to be in the 8280.72 integers at 09:01 hours.

After closing yesterday with a decrease of 1.1%, the Madrid selective woke up below the psychological level of 8,300 points, pending the geopolitical tensions in Ukraine, which have intensified after the ordeal launched by Putin.

The rest of european bags They woke up with falls of 2.59% in the case of Frankfurt, 1% for Paris and 1.5% for London.


Source: Eitb

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