Oil pulls back on fading supply worries over Ukraine crisis

An oil well pump jack operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021.

David Paul Morris | Bloomberg | Getty Images

Oil prices took a breather on Wednesday after surging to seven-year highs the previous session as it became clear the first wave of U.S. and European sanctions on Russia for sending troops into eastern Ukraine would not disrupt oil supplies.

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News Source: https://www.cnbc.com/2022/02/23/oil-markets-russia-ukraine-tensions.html

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