Oil traders believe the ongoing Russian-Ukraine war and its international fallout could drive up prices this month, with some optimistic traders eyeing a price over $200 per barrel.
traders believe the ongoing Russian-Ukraine war and its international fallout could drive up prices this month, with some optimistic traders eyeing a price over $200 per barrel.
On Monday, prices to buy call options increased, including at least 200 traded contracts to buy May contracts for Brent futures at $200 a barrel by the end of the month, Bloomberg reported. June Brent contracts also increased as a $150-a-barrel call option doubled just ahead of the weekend and a $180-a-barrel option jumped 110 percent, according to the
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