The price of West Texas Intermediate or WTI crude, the international benchmark of crude oil, was 89.03 dollars per barrel on Thursday.

On February 24, Russia started military operations in Ukraine. In response, the United States and Western allies imposed unprecedented sanctions, including an embargo on Russian oil. A crisis in the normal supply of oil was created overnight around the world. As a result, the price of oil increases several times.

Earlier, in March, oil was sold at $130 per barrel. On the 8th of the same month, the price per barrel was $139. On July 27, the price of oil was $107 per barrel. Which is on sale today Thursday for 89 dollars.

(18 August)