The threat of economic sanctions on Russia has pushed up crude oil prices and reduced Russia's crude oil exports.
British Brent crude rose 73 1.73 a barrel to 89 89.93 a barrel. US crude rose 69 1.69 a barrel to 87 87.29 a barrel.
Meanwhile, the US stock market saw a bearish trend, two major indices fell,he Dow Jones Industrial Average fell 129 points to close at 34,168.09 points.The S&P 500 Index lost 6.52 points, closing at 4,349.93 points.
The Nasdaq Composite Index gained 2.83 points. The Nasdaq Composite Index closed at 13,542.12 points.
