17-November-2025
Corporate News
 
Oil Falls After Loadings Resume at Key Russian Export Hub
17-Nov-2025

Oil prices fell on Monday, erasing last week's gains, as loadings resumed at the key Russian export hub of Novorossiysk, after a two-day suspension at the Black Sea port that had been hit by a Ukrainian attack. Brent crude futures dropped 44 cents, or 0.68%, to $63.95 a barrel by 0751 GMT. U.S. West Texas Intermediate (WTI) crude futures were trading at $59.61 a barrel, down 48 cents, or 0.8% from Friday's close.

News Source:- https://money.usnews.com/investing/news/articles/2025-11-16/oil-falls-after-loadings-resume-at-key-russian-export-hub