Oil prices edge higher after Ukraine targets Russian energy facilities

Oil drilling rigs

Oil prices rose slightly on Monday's early trading after Ukraine intensified its attacks on Russia, raising concerns about potential disruptions to Russian oil supplies.

October Brent crude futures rose 0.1% (8 cents) to $67.81 a barrel as of 7:55 am Makkah time.

Meanwhile, U.S. October West Texas Intermediate (WTI) futures gained 0.15% (9 cents) to $63.76 a barrel.

The uptick came after Russian authorities reported that Ukraine launched drone strikes on Sunday, which sharply reduced the capacity of a reactor at one of Russia’s largest nuclear power plants and triggered a massive fire at the Ust-Luga fuel export terminal, Reuters reported.