A mid-week update. Oil prices continued have continued to climb this week and are now $3-4 a barrel higher than at the beginning of April.
Articles: oil and gas production (3)
Diplomatic efforts are underway to diffuse tensions between Russia and the West following the overthrow of Ukrainian President Yanukovych. Should tensions escalate, one risk is the disruption of gas supplies from Russia to Europe via the Ukraine.
A midweek update. New York futures have fallen this week largely on expectations the Federal Reserve will taper off quantitative easing in the near future.