COMMODITIES

U.S. President Joe Biden on Tuesday inflicted an immediate ban on Russian oil. Talk that Ukraine was no longer seeking NATO membership behind some news reports this week on the

Before Russia invaded Ukraine last week, the global oil market was already tight. Heretofore sent benchmark Brent and U.S. West Texas Intermediate (WTI) crude futures soaring over 15% to around

Gold futures was below 0.26% to $1,938.75 by 10:39 PM ET (3:39 AM GMT). In February, the yellow metal increased approximately 6.5%, hitting an 18-month high of $1,973.96 last week.

Brent oil futures increased 0.56% to $93.90 by 9:46 PM ET (2:47 AM GMT) and crude oil WTI futures surged 0.07% to $91.97. There has been rising concern that western