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Oil prices stay near highs amid Ukraine drone strikes on Russian terminal and tanker attacks in Persian Gulf

Market News
18 Oct 2026
CNBC
View Source
Bearish
Oil prices stay near highs amid Ukraine drone strikes on Russian terminal and tanker attacks in Persian Gulf

Crude oil prices remained near recent highs as Ukraine launched drone strikes on an oil terminal in St. Petersburg, Russia, causing fires and uncertainty about damage. The terminal exports about 120,000 barrels per day of refined products. Meanwhile, in the Persian Gulf, two tankers were attacked off Saudi Arabia's coast, escalating tensions in the region. These events highlight ongoing conflicts affecting global oil supply and market stability.

Brent crude oil prices near $109 a barrel amid recent geopolitical tensions involving Ukraine and the Middle East. For readers following the energy sector, here is Pluang's market snapshot as of Oct 19, 2026 05:31 WIB: Of 79 priced Energy-sector US stocks tradable on Pluang, 59 rose and 20 fell today. Notable movers include RUN (Sunrun Inc) at USD 7.30 with a 1-day change of -4.45% and a typical hold time of 17 days, TRGP (Targa Resources Inc. Common Stock) at USD 294.90 up 4.37% with a 7-day hold time, and RRC (Range Resources Corporation Common Stock) at USD 43.22 up 4.35% with a 2-day hold time.

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