Oil steady as market weighs supply risk from attacks on Russian refineries

September 16, 2025

Oil prices remained stable after a previous session increase, influenced by concerns over potential Russian supply disruptions due to Ukrainian refinery attacks. Market sentiment was also affected by the U.S. Federal Reserve’s anticipated interest rate cut, which could stimulate fuel demand. Geopolitical tensions in the Middle East and progress in U.S.-China trade talks further contributed to market dynamics.

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