# Oil prices dip after soaring on Russia's invasion of Ukraine | Reuters

> April Brent crude settled down $1.15 at $97.93 a barrel after climbing as high as $101.99 earlier in the session. The more active May contract fell $1.30 to $94.12.

- Date: 2022-02-25 · published 2022-02-25T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/42867-oil-prices-dip-after-soaring-on-russia-s-invasion-of-ukraine-reuters
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Crude near $100 raises diesel, fertilizer and freight costs for feed producers and supports vegetable oil and biofuel values, though intraday reversals signal volatility rather than a clear trend.

## Read by commodity

- BRENT: neutral

## Sources

- reuters.com: https://www.reuters.com/business/energy/oil-prices-surge-2-russian-invasion-ukraine-rings-supply-alarm-bells-2022-02-25/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.