Business

Oil Prices Surge Amid Ukraine Strikes

Updated 2026-10-18 22:25 UTC 1 source Negative

Brent crude prices hovered near $109 a barrel as Ukraine resumed energy strikes, causing fires at an oil terminal in St. Petersburg and attacks on tankers in the Middle East.

Coverage timeline — 2 articles

CNBC

Brent crude hovers near $109 a barrel as Ukraine resumes energy strikes, tankers attacked in Middle East

Fires broke out at an oil terminal and depot in St. Petersburg after Ukraine launched a massive wave of drone strikes on Sunday.

2026-10-18 22:16 UTC

CNBC

Jim Cramer: Why I am taking the other side of the trade that crushed the market Friday

How did this happen so quickly? Where were the buyers? I have some answers.

2026-10-18 22:19 UTC