Overview

• Brent traded around $67 and WTI near $62.8 as markets assessed fresh Ukrainian drone strikes on Russian oil infrastructure.
• Recent attacks targeted the Primorsk export terminal, which can load about 1 million barrels per day, and Surgutneftegaz’s Kirishi refinery with capacity near 355,000 barrels per day.
• President Donald Trump reiterated willingness to impose sanctions on Russia and urged Europe to halt purchases, while the U.S. pushes G7 partners to levy steep tariffs on China and India for buying Russian crude.
• Regional governor Radiy Khabirov said a producer in Bashkortostan would maintain output despite a weekend drone strike.
• Analysts flagged a near-term upside risk to prices from infrastructure attacks even as OPEC+ supply increases and an IEA forecast for a record surplus next year limit sustained rallies.