Oil prices rise as drones target Russia's export hub
pre-market1 source ↓written by the desknot a recommendation
- poised to test
- $60.50
- potential gains towards
- $62.50
- to maintain upward
- $64.50
Oil prices surged following drone strikes on Russia’s oil export hub in Novorossiysk. WTI oil is poised to test $60.50, with potential gains towards $62.50. Meanwhile, Brent oil needs to settle above $64.50 to maintain upward momentum. Traders are closely monitoring supply disruptions due to geopolitical tensions.
Not investment advice. For informational purposes only.