Russia-Ukraine Tension Lifts Oil Futures for Second Day
Barronsยท2025-09-24 19:23
Group 1 - Crude oil futures have experienced back-to-back gains due to rising tensions between Russia and Ukraine, with Ukrainian attacks on Russian oil infrastructure raising supply concerns [1] - The Russian situation continues to support crude oil prices, as noted by Mizuho's Robert Yawger [1] - The EIA reported a decline of 607,000 barrels in U.S. crude stocks, contributing to price support despite rising imports and lower exports [2]