Due to tension between Russia-Ukraine, prices of oil in world markets rise

Ukraine

The price of oil increased in the world market just because of the Ukraine-Russia war.

The current price of Brent in the world market is 100 US dollars/barrel.

The price of WTI is now 92.3 US dollars a barrel in the world market.

The President of Russia said that the end of the year 2014 ceasefire agreement with the Ukraine, Minsk.

Putin has signed administrative order for recognizing the two separatist regions of Ukraine as an independent state.