Industry News

Crude oil price falls as Russia pledges to supply contracts

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Update time : 2022-03-11 20:52:49
According to the report, since the outbreak of war between Russia and Ukraine on February 24, the market was overly worried about the possibility of disruption of the crude oil supply. The international crude oil futures prices have once soared to US$139 a barrel, hitting a 14-year high.

Until this Wednesday (March 9), the crude oil price showed the biggest one-day drop in two years because Russia pledged to follow the contracts.
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