REX-INT -OIL CRISIS IMMINENT
$Rex Intl (5WH.SG)$
DURING UKRAINE WAR IN 2022.
REX REACHED S$0.44
BRENT REACHED US$139
THEREFORE, 93/139X$0.44=$0.29
During the initial shock of the Russia-Ukraine war in early 2022, Brent crude oil hit a high of approximately $139 per barrel in March 2022, marking its highest level since 2008. Prices surged following the invasion on February 24, 2022, frequently trading above $100 throughout that period due to supply fears.
U.S. Energy Information Administration (EIA) (.gov) +4
Peak Price: Roughly $139–$139.13 per barrel in early March 2022.
Modify on 2026-03-07 18:49
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