Friday, April 10, 2026
Oil at seven-year high as Ukraine crisis overshadows Fed- oil and gas 360

Oil at seven-year high as Ukraine crisis overshadows Fed

CNBC Oil traded at a seven-year high of about $90 a barrel on Thursday as the Ukraine crisis supported prices despite signs that the U.S. Federal Reserve will tighten monetary policy. Brent crude futures were up 85 cents, or 0.94%, to trade at $90.80 per barrel. U.S. West Texas Intermediate (WTI) crude futures advanced 79 cents, or 0.9%, to trade at $88.07