Ukraine Threatens Russian Refineries as Brent Crude Reclaims $106
Photo: TokenPost
A senior Ukrainian official said Ukraine would continue targeting Russian refineries, adding pressure to fuel markets as Brent crude returned above $106 a barrel on Monday, Oct. 12. Brent rose 2% to an intraday high of $106.80. U.S. diesel averaged $6.26 a gallon, nearly 80% above its level at the start of the year. The warning came after President Donald Trump announced Oct. 9 that Russia would supply more than 300,000 metric tons of diesel immediately, followed by 500,000 tons in November and 1 million tons afterward. The arrangement could include an additional 3 million tons depending on refinery conditions.
Source: TokenPost
