- Nineteen prisoners use cutlery to break out of cells at Winchester prison
- France wants progress in Ukraine before Russia returns to G7
- Italy president begins talks to seek way out of government crisis
- Italian PM expected to resign as political chaos deepens
- Russia says US cruise missile test ‘regrettable’
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- Egypt court hands out 6 death sentences on terror charges
- Putin says Russian nuclear explosion poses no threat
- Russian panel eyes alleged foreign interference in protests
- Gran Canaria wildfire triggers evacuation of thousands of people
- PM Johnson calls on Germany and France to compromise on Brexit
- Sudan's ex-president Bashir arrives at corruption trial
Thursday, 27 January 2022 (YJC)_ Yesterday, the price of oil reached its highest level in the last 7 years.
Brent North Sea crude traded up about $ 2 a barrel, hitting $ 90 a barrel yesterday, but closed at $ 89.38, down 73 cents.
US light crude traded at $ 86.66. The OPEC oil basket traded at $ 87.35 in recent trading.
Rising tensions on the Ukrainian-Russian border, rising global oil demand and declining producer power have been cited as the main reasons for rising oil prices.
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