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Oil s Rally Through Key Option Levels Sets Stage for More Gains

(Bloomberg) Crude oil’s late-session surge to more than $91 a barrel on escalating geopolitical tensions may get an additional boost from more than 30 million barrels worth of bullish options that are now in the money. Most Read from BloombergTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionSaudi Crown Prince MBS’s $100 Billion Foreign Investment Quest FaltersS&P 500 Falls 1% as Oil Jump Spurs Flight to Bonds: Markets WrapGiving Up China Is Hard, Even for Argentina’s Anarcho-Ca

Oil s Rally Through Key Option Levels Sets Stage for More Gains

Oil s Rally Through Key Option Levels Sets Stage for More Gains
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Western Banks To Miss Out On African Oil Boom

Transcripts for BBCNEWS BBC World News 20220224 05:01:00

could be the worst war since the beginning of the century. ukraine s ambassador to the united nations implores the security council to do everything possible to stop a war. it is too late, my dear colleagues, to speak about the escalation. too late. the russian president declared the war. the escalation comes as ukraine s president, volodymyr zelenskyy, makes a desperate appeal to the people of russia to prevent a full scale war. translation: it must be stepped- translation: it must be stepped- it translation: it must be stopped. it is translation: it must be stopped. it is not - translation: it must be stopped. it is not too - translation: it must be| stopped. it is not too late, and if the leadership of russia doesn t want to sit at a table with us for the sake of peace, maybe it will sit at the table with you. maybe it will sit at the table with ou. maybe it will sit at the table with vow maybe it will sit at the table with ou. . ~ a ., with you. the market reaction is immedi

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