05.03.2014 - Crude oil drops after big jump over Ukraine crisis
The price of crude oil dropped sharply Tuesday after a big jump the day before over concern that Russia's military advance into Ukraine could result in economic sanctions against one of the world's major energy suppliers. By early afternoon in Europe, benchmark U.S. crude for April delivery was down $1.58 to $103.34 a barrel in electronic trading on the New York Mercantile Exchange. On Monday, the contract added $2.33 to close at $104.92...............................................Full Article: Source
Print