15.05.2014 - Ukraine tensions drive crude oil prices above $100
The price of U.S. oil climbed above $102 a barrel Wednesday amid ongoing tensions in Ukraine and an industry report showing crude stocks falling at a key U.S. storage hub. Much of the focus in energy markets remains centered on Ukraine, where the government has agreed to launch talks on decentralizing power within the framework of a European-backed peace plan. However, pro-Russian insurgents who have declared independence in two eastern regions have not been invited. On Tuesday, officials said six soldiers were killed and nine injured in an ambush by the insurgents...............................................Full Article: Source
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