Crude oil prices jump again over Ukraine crisis
Crude oil prices jump again over Ukraine crisis
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After Western nations slapped more sanctions on Russia for its invasion of Ukraine, including banning some institutions from using the SWIFT international payments system, crude oil rose and the rouble fell about 30 percent to a new record low on Monday.

After Russian President Vladimir Putin put nuclear-armed forces on full alert on Sunday, the fourth day of the greatest assault on a European state since World War Two, have demand raised bond rates, as well as the dollar and yen, while the euro dropped.

Fears that oil supplies from the world's second-largest producer will be disrupted have increased as tensions have risen, sending Brent crude LCOc1 futures up USD4.21, or 4.3 percent, to USD102.14. WTI oil CLc1 futures in the United States were up USD4.58, or 5.0 percent, at USD96.17 per barrel.

In tumultuous trading, US and European stock futures fell, but Asia-Pacific equities rose, boosted by Wall Street gains from Friday, when the S&P 500 closed up 2.51 percent, according to market analyst at IG Australia.

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