# Crude oil prices rise above $100 per barrel after Russia’s further invasion into Ukraine -
		U.S. Energy Information Administration (EIA)

> Front-month Brent and WTI crude futures rose above $100 per barrel after Russian forces further invaded Ukraine on February 24, 2022. Brent settled near $115/b and WTI above $110/b by March 2, and Brent's intraday range that day was about $8.23/b, nearly four times the 2021 average. New sanctions on Russia added to the upward pressure.

- Date: 2022-03-04 · published 2022-03-04T12:00:00.000Z
- Category: geopolitics · region Global · magnitude high
- Page: https://feedsoft.ai/events/9458-crude-oil-prices-rise-above-100-per-barrel-after-russia-s-further-invasion-into
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

A sudden supply-risk premium on crude lifts diesel and fuel costs for feed mills and grain haulage, and can pull up soybean oil and other energy-linked feed inputs. Higher energy prices also raise the cost of fertilizer and transport across the feed chain.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- DIESEL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| BRENT | 2022-03-02 | 1 | +7.4% | 3.6 | EIA noted Brent settled near $115 by March 2 with unusually high intraday volatility driven by new sanctions on Russia. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2025-12-03 | [Geopolitical developments contribute to elevated diesel prices -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/21708-geopolitical-developments-contribute-to-elevated-diesel-prices-u-s-energy.md) | -1.0% | -2.9% |
| BRENT | 2022-02-26 | [Will diesel fuel prices go up with Russia's invasion of Ukraine? \| Commercial Carrier Journal](https://feedsoft.ai/events/42899-will-diesel-fuel-prices-go-up-with-russia-s-invasion-of-ukraine-commercial.md) | +23.1% | +23.8% |
| BRENT | 2026-07-23 | [Oil prices surge to $100 per barrel after Red Sea attacks](https://feedsoft.ai/events/9927-oil-prices-surge-to-100-per-barrel-after-red-sea-attacks.md) | -9.5% | -7.3% |
| BRENT | 2025-01-17 | [International Diesel Prices Surge After U.S. Sanctions on Russia \| OilPrice.com](https://feedsoft.ai/events/11455-international-diesel-prices-surge-after-u-s-sanctions-on-russia-oilprice-com.md) | -4.1% | -8.0% |
| BRENT | 2022-02-24 | [European gas prices soar and oil tops $105 after Russia attacks Ukraine](https://feedsoft.ai/events/42882-european-gas-prices-soar-and-oil-tops-105-after-russia-attacks-ukraine.md) | +18.2% | +27.0% |
| WTI | 2022-02-26 | [Will diesel fuel prices go up with Russia's invasion of Ukraine? \| Commercial Carrier Journal](https://feedsoft.ai/events/42899-will-diesel-fuel-prices-go-up-with-russia-s-invasion-of-ukraine-commercial.md) | +26.3% | +25.9% |
| WTI | 2026-07-23 | [Oil prices surge to $100 per barrel after Red Sea attacks](https://feedsoft.ai/events/9927-oil-prices-surge-to-100-per-barrel-after-red-sea-attacks.md) | -7.9% | -6.4% |
| WTI | 2026-03-08 | [Crude oil sells above $100 a barrel as Iran war impedes production \| AP News](https://feedsoft.ai/events/5230-crude-oil-sells-above-100-a-barrel-as-iran-war-impedes-production-ap-news.md) | +8.5% | +25.0% |

## Sources

- eia.gov: https://www.eia.gov/todayinenergy/detail.php?id=51498&lang=en

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