S&P Global Commodity Insights: Have the brakes failed as oil rally continues?


WITH the Russia-Ukraine crisis showing no signs of receding, oil like every other commodity has been in turmoil.

The Platts Dated Brent physical sweet crude benchmark rallied to $137.64/b on March 8, its highest since July 2008 as the market digested the repercussions of the ouster of Russian oil from global trade flows.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
S&P Global , Platts , Opec , UAE , Russia , SWIFT ,

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Smart city can’t beat the traffic
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read