Category: Energy prices

Key developments: A tentative “energy ceasefire” announced by President Trump failed to curb hostilities, with Russia striking Ukrainian power and gas sites and Kyiv continuing attacks on Russian refineries. This breakdown pushed Brent crude up 2% to $106.80…

Oil markets surged on Monday, with Brent climbing to $106.80 a barrel and U.S. WTI reaching $93.70, a 2% rise driven by the breakdown of President Donald Trump’s announced “energy ceasefire” between Russia and Ukraine. While the ceasefire…

Developments: After President Trump announced an “energy ceasefire” between Russia and Ukraine, Russia resumed strikes on Ukrainian power and gas facilities while Kyiv continued attacks on Russian refineries, pushing Brent up 2% to $106.80 and WTI to $93.70…