Global Markets Fall After Oil Hits $130 a Barrel

The Wall Street Journal2022-03-07

Brent crude oil surges to 14-year highU.S. stock futures and global equity indexes dropped after Russian forces intensified strikes across Ukraine and as the threat of a potential ban on imports of ...

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Comments

  • Desmond669
    2022-03-08
    Desmond669
    Ok
  • robot1234
    2022-03-08
    robot1234
    Biden Administration is very shrewd to instigate the Ukraine crisis as there's no way to satisfactorily resolve the triple whammy of sky high inflation at more than 7.5%, expected multiple interest rate hikes and FED tapering her bloated $9 trillion balance sheet without pushing the problems to other people. Now the fear of an US market crashes due to the triple whammy is effectively diverted to the Ukraine front with Putin becoming an int'l pariah. And US is reaping tens of billions gain from selling weapons, sanctions, USD as int'l reserCe currency, oil trade, etc
  • Fatfish
    2022-03-08
    Fatfish
    Scantions over scantions rolled out. Consumers' pockets buring a hole liao. And SG gov still increase GST to 8% nxt year.[Facepalm] 
  • Steve81
    2022-03-08
    Steve81
    Jiayou
  • RichyRick
    2022-03-08
    RichyRick
    Is not good that oil price so high
  • 74rk
    2022-03-08
    74rk
    I am inevitable 
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