Crude Oil Daily Brief
Saturday, June 13, 2026
WTI and Brent crude futures closed higher on supply disruption concerns from Ukraine strikes on Russian infrastructure.
Headline
WTI front
USD 95.00/bbl
Brent front
USD 97.46/bbl
Brent–WTI
+2.46
Sessions
Asia · Asia
Mixed trading on geopolitical tensions
Regional supply disruption concerns dominated early session sentiment.
Europe · ICE
Brent USD 97.46
Ukrainian strikes on Russian oil infrastructure supported prices through London session.
US · NYMEX
WTI USD 95.00
Supply disruption concerns from Eastern Europe conflicts underpinned settlement levels.
Commentary
Eastern Europe Supply Disruptions Drive Price Action
bullishUkrainian military strikes on Russian oil infrastructure in the Volgograd region and port facilities at Temryuk created supply disruption concerns across global markets. The attacks represent escalation in targeting of energy infrastructure, with direct impacts on regional refining capacity. Market participants focused on potential flow disruptions from affected facilities, particularly given existing sanctions frameworks limiting Russian crude movements.
News
UK sets January 2027 deadline for ban on fuel made from Russian crude.
Why it matters: Creates additional compliance timeline pressure for refiners processing Russian-origin products in European markets.
Ukraine drone strikes kill one and spark fire at Russian port of Temryuk.
Why it matters: Direct impact on port infrastructure affects regional crude loading and export capacity for Black Sea flows.
Ukrainian military hits Russia's oil infrastructure in Volgograd region.
Why it matters: Targets refining capacity in key Russian processing region, potentially affecting product supply balances.
Investment firms join Donald Trump's $100bn race for Venezuelan oil.
Why it matters: Signals potential future supply additions from Venezuelan heavy crude reserves pending sanctions resolution.