Oil climbs but takes a breather in tight range Posted on April 21, 2022 by cngpump Analysts said market volatility is likely to pick up again soon, with the European Union still weighing a ban on Russian oil for its invasion of Ukraine, which Moscow calls a “special military operation”. Related posts: EU to phase out Russian energy, offer Ukraine support but no fast-track membership Denmark unveils energy plan to be ‘free from Putin’ Russia should diversify its energy exports towards Asia: Putin Oil price climbs on pressure from Ukraine conflict, tight market EXPLAINER-What would happen if Europe sanctions Russian oil? European Union seeks answers to energy supply crunch, U.S. LNG deal Kremlin says Russian oil embargo would hurt Europe, not U.S. EU embargo on Russian oil, gas will take ‘months’: Officials Spotlight falls on natural gas amid energy transition debate – and geopolitics Govt closely monitoring commodity price movements amid Russia-Ukraine war: FinMin