Oil gains after U.S. approves Ukraine use of long-range missiles inside Russia
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 18 2024
0mins
Source: MarketWatch
Oil Futures Increase: Oil futures rose over 3% to their highest level in more than a week following President Biden's decision to allow Ukraine to use U.S.-supplied long-range missiles against Russia.
Military Developments: The missile decision coincides with the deployment of North Korean troops along Ukraine's northern border to assist Russia in regaining territory.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
