RUSSIA FORCES  PRESENTLY IN UKRAINE MAY ESCALATE OIL AND GAS SUPPLY                          IN EUROPE WHICH MAY AFFECT THE WORLD'S OIL MARKET

I think that the Africa's oil giants should renegotiate supplies to Europe with Nigeria leading the way. 
Oil and natural gas rose amid investor concern that escalating geopolitical tension over Ukraine could curb
energy supplies.
Brent crude advanced as much as 2.2 percent to $111.41 a barrel on the ICE Futures Europe exchange in London today. U.K. gas for next-month delivery surged the most in more than 17 months, rising as much as 10.3 percent, to 61.95 pence a therm ($10 per million British thermal units). That’s the highest price since Jan. 31.
“Russia controls the gas into Ukraine, which in turn has pipelines into Europe,” Soeren Bo Duvier Nielsen, a senior energy sales manager at Nordea Bank AB in Singapore, said today. “The Europeans are heavily dependent on Russia in terms of gas. They are looking for alternatives but can’t find them easily.”
The standoff over Ukraine, the main conduit for Russian gas to consumers in Europe, intensified over the weekend as the former Soviet state put its forces on combat readiness and Russia’s President Vladimir Putin threatened to invade. Wholesale gas costs jumped in January 2009 after Russian supplies via Ukraine halted amid a dispute over prices and transit terms. Europe’s biggest gas stockpiles for at least four years are helping damp the impact of any potential stoppages