(Finance) – The price of oil continues to fly, after peaking at the weekend at $ 140 a barrel, very close to the all-time high of $ 147.50 in 2008. The WTI for April it rose by 5.89% to 122.49 dollars a barrel while the Brent May advanced by 5.61% to 124.74 dollars.
The news reported by the US Secretary of State Blinken according to which the Biden administration is studying a possible ban on Russian oil imports together with its allies. Meanwhile, investors apprehend developments in the war in Ukraine and the weight of the sanctions imposed on Russia.
Crude oil prices provide boost to sector players: how Eni which leaps by 3.89% e Tenaris which soars by 11.60% confirming itself at the top of the main FTSE MIB basket.
(Photo: © Aleksandr Prokopenko / 123RF)