Oil prices surge as US bans Russian energy imports
While remaining below Monday's peak of US$139.13 a barrel, the main international oil contract, Brent, jumped 4.7% to close at US$128.06.
Brent breaks US$60 a barrel for first time in over a year
The commodity climbed 1.26% to US$60.19 a barrel as asset markets rallied on the back of vaccine rollouts, slowing infections and hopes that US President Joe Biden's stimulus proposal will be passed.
