Oil tumbled from seven-year highs as Russia-Ukraine tension eased
Oil tumbled from seven-year highs as Russia-Ukraine tension eased
International benchmarks for crude oil fell more than 3% on Tuesday, 15 February 2022 after Russia announced the withdrawal of its troops near Ukraine, easing the fear of an invasion.
Brent plunged $3.2 or 3.3% to close at $93.28/barrel.
WTI fell $3.39 or 3.6% to close at $92.07/barrel.