Oil prices rise 2% after Ukraine drone attack on depot
after close1 source ↓written by the desknot a recommendation
- Brent futures rose
- 1.5%
- per barrel
- $63.94
- Texas Intermediate increased
- 1.7%
- $59.67
Oil prices surged Friday following a Ukrainian drone strike on a major oil depot in Novorossiysk, Russia. Brent futures rose 1.5% to $63.94 per barrel, while West Texas Intermediate increased 1.7% to $59.67. This incident raises concerns over potential supply disruptions and has traders adjusting their risk premiums accordingly.
Not investment advice. For informational purposes only.