Futures on West-Texas Intermediate Oil (OIL.WTI) are moving higher today as traders weighed risks to Russian supply from Ukrainian drone strikes. Russia’s Transneft warned producers about potential output cuts after repeated Ukrainian attacks on export terminals and refineries.
-
Analysts noted that strikes on key facilities such as Primorsk are aimed at curbing Russia’s export capacity and could put upward pressure on global prices.
-
Goldman Sachs estimated around 300,000 barrels per day of Russian refining capacity was knocked out in August and early September.
-
Despite sanctions risks, Asian buyers continue to signal interest in Russian crude, limiting the expected fall in production.
-
The U.S. has so far resisted additional tariffs on China for purchasing Russian oil, unless Europe introduces similar measures against China and India.
-
U.S. crude inventories likely fell by 6.4 million barrels last week, reversing a prior build, with official EIA data due on Wednesday.
-
Analysts cited by Reuters expect U.S. crude and gasoline stockpiles to decline, while distillates may show an increase.
-
Markets are also watching the Fed’s September 16–17 meeting, where rate cuts are widely expected, though concerns remain about U.S. economic strength.
OIL.WTI (H1 interval)

Source: xStation5
BREAKING: NATGAS declines after EIA data 📌
Stock of the Week - Lam Research Corp (16.10.2025)
DE40: Europe moves sideways, Nestle gains
BREAKING: Eurozone trade balance mixed 💶
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.