Is Another Crude Oil Crisis Ahead Of Us!? Will Drivers Pay More For Fuel!? As Predicted As Russian Oil Gets Banned, Price Of Crude Rises! | ICM.COM

Russia's Active Production Cuts Could Be Grounds For A Bullish Shock

Oil prices jumped after EU leaders reached an agreement late Monday to ban 90% of Russian crude by the end of the year.

Crude Oil

  • U.S. crude futures up 2.81% to $118.29 (Contracts for July)
  • Brent crude futures up 0.93% to $122.80 (Contracts for July)
  • U.S. crude up 2.84% to $115.42 (Contracts for August)
  • Brent up 1.17% to $118.98 (Contracts for August)

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Russia's Active Production Cuts Could Be Grounds For A Bullish Shock

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