💨 Abstract

Oil prices rose on Monday due to escalating conflict between Russia and Ukraine, but were held back by concerns about China's fuel demand and a global oil surplus. Brent crude was up 0.8% to $71.59 per barrel, while WTI was up 0.6% to $67.45. Russia unleashed its largest air strike on Ukraine in three months, and President Biden's administration has allowed Ukraine to use U.

Courtesy: theprint.in