Ukraine to intensify strikes on Russian refineries
President Zelenskiy said Ukraine will double down on attacks against Russian oil refineries and that the strikes retaliate against Putin's 'new doctrine' targeting infrastructure.
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Trump blames Kyiv for diesel shortage
US President Donald Trump on Sunday called on Ukraine to stop striking Russian refineries, after Kyiv struck several over the weekend, attacks that he said were increasing the price of diesel and “hurting the world.” US President Donald Trump on Sunday called on Ukraine to stop striking Russian refineries, after Kyiv s
Wheat futures rise above $7.30 as peace talks disappoint
Wheat futures rose above $7.30 per bushel, rebounding from losses on September 4. The move follows renewed US efforts to end the Russia-Ukraine war failing to produce progress on restoring grain exports amid disrupted Black Sea shipments.
Gasoline futures hover near five-week high as supply risks rise
US gasoline futures traded around $3.38 per gallon near a five-week high as supply concerns intensified on geopolitical risks. EIA data showed inventories fell 2.536 million barrels in the week ending Aug. 21, above expectations.
Brent holds above $89 amid Russia-Ukraine supply concerns
Brent crude held above $89 per barrel after a rebound, as Russia-Ukraine escalations refocused attention and Ukrainian strikes disrupted Russian refineries and ports.
Oil holds gains above $83 amid Russia-Ukraine supply concerns
Crude oil held above $83 per barrel after rebounding, with attention shifting to Eastern Europe as reports cite no results from Russia-Ukraine talks and Russia preparing to intensify the war.
US gasoline futures hover near $3.3/g on geopolitical and EIA inventory data
US gasoline futures traded around $3.3 per gallon as geopolitical risks persisted and EIA data showed gasoline inventories fell 2.536 million barrels in the week ending August 21, leaving stocks 6% below the five-year average.