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Oil prices clamber towards 7-year highs on Russia-Ukraine tensions

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Oil prices clamber towards 7-year highs on Russia-Ukraine tensions

Oil prices rose on Monday, climbing to their highest level in more than seven years, on fears that a possible Russian invasion of Ukraine could trigger U.S. and European sanctions and disrupt energy exports from the world’s largest producer.

Brent crude futures were at $95.73 a barrel by 0109 GMT, up $1.29, or 1.4%, after hitting a session high of $95.91. U.S. West Texas Intermediate (WTI) crude was up $1.49, or 1.6%, at $94.59 a barrel, hovering near a session high of $94.92.

Global financial markets have been rattled by U.S. comments about an imminent Russian attack on Ukraine.

The United States said on Sunday that Russia could invade Ukraine at any time and could create a surprise pretext for an attack.

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“If… a troop movement occurs, Brent won’t have any difficulty rising above $100,” OANDA analyst Edward Moya said in a note.

“Oil prices will remain extremely volatile and sensitive to incremental updates on the situation in Ukraine.” Investors are also eyeing the resumption of talks between the U.S. and Iran on the 2015 nuclear deal.

However, a senior Iranian security official said on Monday that progress in the talks was becoming “more difficult”.

In the U.S., strong oil prices are encouraging energy companies to boost output as they added the most oil rigs in four years last week, energy services firm Baker Hughes said on Friday.

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Complete News Source : Business Standard

Lifestyle

10 best activities hacks for the better lifestyle for Business Managers.

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10 best activities hacks for the better lifestyle for Business Managers.

Business managers, known for their dynamic and demanding roles, are now adopting innovative activity hacks to improve their lifestyle and well-being. Recognizing the importance of work-life balance and personal wellness, these leaders are implementing a range of activities to foster physical health, mental clarity, and overall satisfaction in their professional and personal lives.

Mindfulness at Work lifestyle

Business managers are incorporating mindfulness practices, such as meditation and deep breathing exercises, into their daily routines to reduce stress and increase focus in high-pressure situations.

Regular Exercise Breaks

Amid tight schedules, managers are embracing short exercise breaks, such as brisk walks or stretching exercises, to stay active throughout the day and boost their energy levels.

Nutrition and Healthy Eating

Prioritizing their well-being, managers are adopting healthier eating habits, including nutritious snacks and well-balanced meals, to sustain their energy during demanding workdays.

Time Management Workshops

Business managers are attending time management workshops to enhance their organizational skills, enabling them to efficiently juggle multiple responsibilities and achieve better work-life integration.

Skill Development Seminars

Recognizing the value of continual growth, managers are attending skill development seminars to stay updated on industry trends and enhance their leadership abilities.

Flexible Work Arrangements

Some forward-thinking companies are offering flexible work arrangements to business managers, providing the freedom to create a more harmonious work-life balance.

Social Engagement

Building a sense of camaraderie, managers are engaging in team-building activities and networking events to foster positive relationships within their professional circles.

Unplugging from Technology: In a digital era, managers are prioritizing personal time by unplugging from technology during non-working hours, allowing for genuine relaxation and recharging.

Pursuing Hobbies and Interests

Managers are rediscovering their passions outside of work, be it painting, gardening, or playing a musical instrument, to unwind and find fulfillment beyond their professional roles.

Encouraging Employee Wellness

Some managers are also promoting wellness initiatives within their teams, encouraging their employees to embrace similar activity hacks and lead healthier lives.

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