Oil prices rise after attacks on russian refineries

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Oil prices rose above $85 per barrel for Brent crude and around $81 for WTI after Ukrainian drones damaged russian refineries.

Global oil prices are rising after attacks on russian refineries. This is reported by the Bloomberg, UNN reports.

Details

Oil prices continue to rise sharply on international markets following attacks on russian refineries, some of which are located in the interior of russia.

According to the latest reports, the global benchmark Brent rose above $85 per barrel after rising 4% last week, while West Texas Intermediate traded around $81 per barrel.

Experts also warn that instability in China's oil demand forecasts and persistent inflation in the United States could further complicate the market situation.

Recall

Recently, Ukrainian UAVs attacked oil refineries in russia, damaging 12% of the country's oil refining capacity.

An oil refinery is on fire in Syzran, Russia16.03.24, 06:45

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