News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Energy Rises As Ukraine War Risk Buoys Oil Futures - Energy Roundup

01/24/2022 | 04:21pm EDT

Shares of energy companies rose as the growing risk of war in Ukraine buoyed energy futures.

Oil futures fell slightly to $83.31 a barrel, but remained near multiyear highs because of concerns that a Russian invasion of Ukraine would crimp oil and natural-gas supplies.

NATO allies bolstered the alliance's eastern flank in response to Russia's military buildup around Ukraine, as the European Union set out plans for loans and grants for Kyiv worth more than $1.3 billion.

Separately, the U.S. military ordered several hundred U.S. troops on standby to potentially deploy to Eastern Europe, an escalation towards U.S. military involvement, U.S. officials said.

Shares of Halliburton rose after the oil-services giant boosted its dividend payout, reflecting improved earnings fortunes, and increased spending on oil infrastructure worldwide.

Write to Rob Curran at

(END) Dow Jones Newswires

01-24-22 1621ET

Stocks mentioned in the article
ChangeLast1st jan.
LONDON BRENT OIL 2.62% 117.28 Delayed Quote.45.92%
S&P GSCI NATURAL GAS INDEX -1.09% 416.4716 Real-time Quote.141.10%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) 6.19% 63.925 Delayed Quote.-24.77%
WTI 3.12% 114.245 Delayed Quote.46.73%
Latest news "Economy & Forex"
05:25pMaterials Shares Rise Amid Economic Optimism -- Materials Roundup
05:24pNIGERIA FINANCE MINISTER : low oil output barely enough to cover petrol imports
05:23pN.Korea reports 100,460 people with fever symptoms, one new death -KCNA
05:22pEnergy Shares Rise as Oil Futures End Higher -- Energy Roundup
05:20pRussian forces edge closer to encircling Ukraine troops in east
05:14pChina, Russia veto U.S. push for more U.N. sanctions on North Korea
05:13pGsk - new data evaluating blenrep in combination with standard o…
05:12pGsk unveils latest research advances demonstrating strength of i…
05:12pPemex crude exports rise 13% m/m in April, production dips
05:10pIllinois officials order stay on Carvana's temporary license suspension
Latest news "Economy & Forex"