Oil hits $110 a barrel despite emergency measures

Wednesday, 2 March 2022newsdesk
Oil hits $110 a barrel despite emergency measures
Oil prices have surged on international energy markets despite new measures aimed at calming concerns about the impact of the Ukraine invasion.

New Delhi, 02 March 2022

As per news report of BBC, Brent crude - the international benchmark for oil prices - has topped $110 (£82) a barrel, marking the highest level seen in more than seven years. The rise came even after the International Energy Agency's members agreed to release 60 million barrels of oil from emergency stockpiles.

Source - BBC

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