Brent Crude Trades Near $109 as Ukraine Strikes Russian Energy Sites

Brent Crude Holds Near $110 on Mideast and Ukraine Conflicts

Oil slid from a five-month high, as traders weighed signs supply from the Middle East is holding near pre-war levels against flareups in fighting.

Brent crude hovers near $109 a barrel as Ukraine resumes energy strikes, tankers attacked in Middle East

Crude oil prices fell Monday as traders weighed possibly higher Russian supplies hitting the market after U.S. sanctions relief on Friday. Brent crude futures, the international benchmark, fell 1.80% to $107.88 per barrel. U.S. West Texas intermediate lost 1.14% to $100.25 per barrel. Ukraine…

Brent Crude Trades Near $109 as Ukraine Strikes Russian Energy Sites

Two tankers were attacked in the Persian Gulf on Friday, while U.S. crude remained above $101 a barrel.