Source Pravda.Ru

Oil prices rise against the backdrop of Crimea referendum

 

The results of the referendum on the status of the Crimea have caused a rise in prices for oil and gas supplies. Analysts believe that the reason for this phenomenon is the failure of Western countries to accept the choice of the Crimean residents, which increases geopolitical risks in the region.

Black gold quotations also grow against the background of reports from Libya, which say that protesters blocked the pipeline that carries supplies from one of the largest deposits in the country - El Shararah.

Prices for Brent crude on London's ICE Futures Exchange on Monday morning rose by 0.08 percent - up to 108.3 dollars per barrel; on electronic trading on the New York Mercantile Exchange - up to 99.14 dollars per barrel. Gas (for supplies in May), according to the Chicago Mercantile Exchange, rose by 1.7 percent to 4,472 dollars per one million BTU (British thermal units).

Comments
Unexploded Western missiles in Russia's hands: Russian air defenses to get even better
USSR shot down Korean passenger Boeing 40 years ago. Chronicles
USSR shot down Korean passenger Boeing 40 years ago. Chronicles
Russia delivers S-300 air defense systems to Syria?
Russia to introduce criminal responsibility for those implementing anti-Russian sanctions
Trump protectionism shows USA falls into crisis deeper and deeper
Trump protectionism shows USA falls into crisis deeper and deeper
Russia may interrupt regular flights with USA
Unexploded Western missiles in Russia's hands: Russian air defenses to get even better
Putin must sue UK because of Skripal case lies
The Geo-political board game: Predicting the next move
The Geo-political board game: Predicting the next move
Defending the Social Media with the four-letter word
USSR shot down Korean passenger Boeing 40 years ago. Chronicles
Germany begs USA for release
Germany begs USA for release
Germany begs USA for release
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
Russia may interrupt regular flights with USA
Unexploded Western missiles in Russia's hands: Russian air defenses to get even better
Defending the Social Media with the four-letter word