Oil prices surge to 7-year highs  

 Oil prices hit their highest levels on February 14 in more than seven years as fears of a possible Russian invasion of Ukraine rocked the market. 

Brent crude futures hit $95.61 a barrel (+$1.17, +1.2%), following an earlier peak of $96.16; it is the commodity’s highest level since October 2014.  

Oil prices surge to 7-year highs  

 WTI crude rose to $94.51 (+$1.41, +1.5%) a barrel, its highest point since September 2014. 

 How to become an online trader in 2022 

Tensions about an imminent attack by Russia on Ukraine have rattled the financial markets. The concern is that Russia’s attack could trigger US and European sanctions, disrupting exports from the world’s top producer in a market already beset by supply issues. 

Take advantage of the oil price today!  

The Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, are struggling to meet increased production targets. 

Trade the easy way           

Join CMTrading, the largest and best-performing broker in Africa, and discover more opportunities with an award-winning broker. Register here to get started            

Follow CMTrading on Facebook, Instagram, LinkedIn, Twitter, and YouTube.      








Recent .

Start Trading Now

Creating Account...
We currently do not accept customers from your region
You Are One Step Away!
Please complete your details below
Please insert a valid city name
Please insert a valid address
Please insert a valid Zip code
Must be over 18+