ISLAMABAD: Oil prices remained mixed in a volatile session on Friday after the US did not target the Russian oil and gas sector with sanctions. As of 1315 hours GMT, Brent, the international benchmark for two-thirds of the world’s oil, shed $0.37 (-0.37 percent) to reach $98.71 a barrel. Brent a day earlier rose to $105.36 a barrel. On the other hand, the US West Texas Intermediate (WTI) price reached $92.93 a barrel, up by $0.12 (+0.13 percent). The US WTI futures a day earlier climbed to $100.10 a barrel. The price for Opec Basket was recorded at $96.10 a barrel with a decrease of 1.88 percent, Arab Light was available at $97.61 a barrel with a decrease of 2.67 percent and the price of Russian Sokol went down to $99.31 a barrel with 1.98 percent decrease. Russian President Vladimir Putin launched an attack on Ukraine early Thursday after months of military buildup along the border they both share. TLTP
