Oil Prices Climb On A Bounty Of Bullish Catalysts
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Oil prices appear to be on an unstoppable march toward $100, with Ukraine sending troops into Ukraine, OPEC failing to hit its production targets, and industry CEOs predicting still higher prices. - Oil prices rose to their highest level since 2014 after Moscow recognized the independence of the breakaway regions of Donetsk and Luhansk and moved its troops into eastern Ukraine, aggravating European supply concerns. - Spot Brent prices have been trading above the $100 per barrel since last week, now even ICE Brent futures seem to be climbing…
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