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Oil prices extend gains after Ukraine drone strike hits Kazakh supply

  • Brent crude oil prices rose 44 cents, or 0.6%, to $75.66 per barrel after a drone attack disrupted oil flows from Kazakhstan.
  • A senior Russian official stated that Ukrainian drones attacked a pipeline, potentially reducing oil transit from Kazakhstan by 30%.
  • Markets are awaiting outcomes from the U.S.-Russia peace talks in Saudi Arabia, which may influence oil prices.
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  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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Portfolio.hu broke the news in on Monday, February 17, 2025.
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