Dusseldorf In view of the critical situation in Ukraine, investors stock up on crude oil at the start of the week. That pushes oil prices to their highest levels since fall 2014. A barrel of Brent costs more than $96, the price of WTI is just under $95.
If the conflict escalates further, there is also a risk of oil supply failures. This further fuels the already dynamic price rally. Analysts believe that a jump above the $100 mark is possible in the near future.
The increasing danger of war drives investors into safe forms of investment. For example, the Swiss franc and the Japanese yen are in demand on Monday. The dollar index, which tracks rates against major currencies, rose 0.2 percent.
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