Oil Rises as Traders Weigh Mounting Pressure on Russian Supplies

Crude rose as investors weighed mounting pressure on Russia’s oil industry against the outlook for a global glut. Brent crude traded near $68 a barrel, gaining for a third day but still within the narrow band it’s traded in since early August. Ukraine attacked another Russian refinery overnight as Western nations consider fresh sanctions in a bid to push President Vladimir Putin to the negotiating table. Most Read from Bloomberg Ukrainian military forces have intensified drone strikes on Russian energy ...