Oil futures settled higher on Thursday, with the U.S. oil benchmark back above the $100 mark. A combination of the International Energy Agency on Wednesday reporting that upwards of 3 million barrels a day in Russian oil supply could be lost in the coming weeks, and “fading optimism” for a ceasefire deal between Russia and Ukraine drove gains for oil Thursday, said Tyler Richey, co-editor at Sevens Report Research. West Texas Intermediate crude for April delivery CLJ22,
Source: Marketwatch