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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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Comment40

  • Desmond669
    ·2022-03-08
    Ok
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  • robot1234
    ·2022-03-08
    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 $9 trillion balance sheet without pushing the problems to other people. Now the fear of an US market crashes due to the triple whammy is effectively diverted to the Ukraine front with Putin becoming an int'l pariah. And US is reaping tens of billions gain from selling weapons, sanctions, USD as int'l reserCe currency, oil trade, etc
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  • Fatfish
    ·2022-03-08
    Scantions over scantions rolled out. Consumers' pockets buring a hole liao. And SG gov still increase GST to 8% nxt year.[Facepalm] 
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  • Steve81
    ·2022-03-08
    Jiayou
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  • RichyRick
    ·2022-03-08
    Is not good that oil price so high
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  • 74rk
    ·2022-03-08
    I am inevitable 
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  • Invest 1 2 3
    ·2022-03-08
    Wow
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  • Samuel123win
    ·2022-03-08
    Shag
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  • 老木不朽
    ·2022-03-08
    K
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  • muiee
    ·2022-03-08
    With major markets indices falling hard ‌$S&P 500(.SPX)$‌-2.75% and ‌$NASDAQ 100(NDX)$‌-3.75% on 7 Mar trading will it reach the recent low, 4114 on SPX? thenit might form a bottoming pattern and bounce.
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  • surfer guy
    ·2022-03-08
    Price going parabolic now, either it shoots up more or something will happen (maybe more release of strategic oil reserve or OPEC+ doing some emergency measures) and price will go lower. Such price movements usually does not last but not sure if this time will be different...
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  • QCW79
    ·2022-03-08
    The oil price spike is likely transient - eventually, with Russia still keen to earn back Forex via oil sales, and the long term focus on fossil fuel elimination... Oil will drop in price sooner or later.
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  • Tamashii
    ·2022-03-07
    Will the oil price maintain
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  • Tamashii
    ·2022-03-07
    The oil will maintain even the war is over?
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  • CynthiaGho
    ·2022-03-07
    Like pls
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  • claratan
    ·2022-03-07
    Wow 
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  • Kel9670ong
    ·2022-03-07
    Not sure what are the market are up to
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  • Steven Tay
    ·2022-03-07
    Ok
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  • Ann1228
    ·2022-03-07
    Ok
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  • HardHatt
    ·2022-03-07
    Seems more unpredictable than 2020. 
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