Oil futures: Crude, fuel prices surge as Ukraine conflict pushes NYMEX WTI well past $100/b

Crude oil and refined products prices skyrocketed March 1 as front-month NYMEX WTI surged way past the $100/b threshold, with Russia oil barrels increasingly considered toxic amid the country’s military invasion of Ukraine. NYMEX April WTI shot up $7.69 to settle at $103.41/b — after trading as high as $106.78/b during the day — moving to the highest pricing levels…

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