Russia’s key Baltic oil terminals at Primorsk and Ust-Luga were reported burning again on Friday, with satellite data indicating fresh damage as Ukraine’s drone offensive against energy targets extended into a third day. The incidents add to supply-risk premiums already embedded in crude benchmarks, with Oil – Brent Crude and Oil – US Crude remaining sensitive to further disruptions at Russian export hubs.
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Over the past month, Oil – US Crude has climbed about 39.6%, while Oil – Brent Crude has advanced roughly 42.5%, reflecting both geopolitical risk and tightening physical balances. Daily technical indicators currently point to a Strong Buy stance for U.S. crude and a Strong Buy signal for Brent, suggesting momentum traders may continue to favor upside exposure if supply threats persist. Investors can explore more updates, prices, and analysis across global markets at Commodities.