Production

Oil prices break past $110 per barrel as Russia steps up attack on Ukraine

IEA announcement its members would release 60 million barrels of oil from emergency reserves does little to tame prices as market focus switches to Opec+ meeting

Invasion: pro-Russian separatists walk near an abandoned tank on a road between the separatist-controlled settlements of Mykolaivka (Nikolaevka) and Buhas (Bugas), as Russia's invasion of Ukraine continues
Invasion: pro-Russian separatists walk near an abandoned tank on a road between the separatist-controlled settlements of Mykolaivka (Nikolaevka) and Buhas (Bugas), as Russia's invasion of Ukraine continuesPhoto: REUTERS/SCANPIX
Perth
Published 2 March 2022, 06:27Updated 2 March 2022, 11:00
RussiaUkraineJoe BidenUSAJapan