COMMODITY
Crude oil futures settle higher on Friday
Sep-13-2025

Crude oil futures settled higher on Friday as concerns over supply side disruptions linger, with the Russia-Ukraine war intensifying. A Ukrainian drone attack on Russia's northwestern port of Primorsk (the country's largest oil and fuel export terminal) led to the suspension of operations overnight. After a failure in his attempts to broker a peace deal between Russia and Ukraine, US President Donald Trump has stated that the war is Europe's problem more than a US problem.

Benchmark crude oil futures for October rose 32 cents or 0.51% at $62.69 a barrel on the New York Mercantile Exchange. Brent crude for November delivery surged 62 cents or 0.93% to settle at $66.99 a barrel on London's Intercontinental Exchange.


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