“We are deeply shocked and saddened by the devastating human and economic toll brought by the war in Ukraine. People are being killed, injured, and forced to flee, and massive damage is caused to the country’s physical infrastructure.

Brent advanced 1.8% to $99.7, WTI rose 1.6% to $97.28.

Brent ose $4.16, or 4.3%, to $102.09, WTI was up $4.19, or 4.6%, at $95.78 a barrel.

Saudi Arabia remains committed to OPEC+ agreement, Crown Prince Mohammed bin Salman told French President Emmanuel Macron Feb. 27, in an endorsement for the bloc's alliance with Russia amid that nation's invasion of Ukraine.

U.S. Rig Count is up 5 from last week to 650, Canada Rig Count is up 4 from last week to 224.

Brent rose $2.81, or 2.8%, to $101.89 a barrel, WTI touched a high of $95.64 a barrel.

U.S. commercial crude oil inventories increased by 4.5 million barrels from the previous week to 416.0 million barrels.

Brent rose to as much as $103.78 a barrel, WTI jumped $5.48, or 6%, to $97.58 a barrel.

It added that deliveries on Feb. 24 are set at 83 million cubic meters, a 31.4% increase on Feb. 23.

“Welcome to the new world where Europeans will soon have to pay 2,000 euros ($2,270) per thousand cubic meters!” he tweeted – suggesting prices were set to double.

Brent rose 11 cents, or 0.01%, to $96.95 a barrel, WTI were up 6 cents, or 0.07%, to $91.97 a barrel.

The world coal industry has secured $363 billion in bank credits in the period from January 2019 to November 2021, and banks continued to support transactions on the sale of securities of companies in the industry, with their combined sum totalling $1.2 trillion.

Brent was up $3.48, or 3.7%, at $98.87, WTI jumped $4.41, or 4.8%, to $95.48.

Brent slipped to $93.14 a barrel, down 40 cents or 0.4%, after earlier touching $95, WTI dropped 28 cents to $90.79 a barrel.

In the situation that has obtained in recent months on energy markets, it has become clear that one of the foundations of stability of the modern global world is, in the first instance, reliable energy supply, which cannot be provided without observing a reasonable balance of energy sources and an absence of discrimination against traditional sectors of the fuel and energy complex.