{"id":60825,"date":"2025-08-25T18:47:40","date_gmt":"2025-08-25T18:47:40","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/oil-jumps-2-on-fed-easing-signals-ukraine-drone-strikes"},"modified":"2025-08-25T19:22:39","modified_gmt":"2025-08-25T19:22:39","slug":"oil-jumps-2-on-fed-easing-signals-ukraine-drone-strikes","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/oil-jumps-2-on-fed-easing-signals-ukraine-drone-strikes","title":{"rendered":"Oil Jumps 2% on Fed Easing Signals, Ukraine Drone Strikes"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Lesotho. <\/strong><\/span>Crude prices moved higher in early Monday trade, with macro tailwinds from a more dovish U.S. Federal Reserve and fresh supply jitters after Ukrainian drone attacks on Russian energy infrastructure. The U.S. Benchmark, West Texas Intermediate (WTI), climbed to its highest in three weeks, while Brent crude has pushed above $68 per barrel as traders priced a possible September rate cut following Jerome Powell\u2019s remarks last week.<\/p>\n<p>By 12:17 pm ET, Brent was up 1.71% at $68.89, with WTI gaining 1.95% to $64.90 on expectations of easing monetary policy. Investors continued to reference Powell\u2019s signal that the Fed could begin cutting rates as soon as its next meeting, according to Reuters.<\/p>\n<p>On the supply side, Kyiv\u2019s latest long?range strikes hit export?linked Russian assets. Russian officials reported a major blaze at the Ust?Luga fuel terminal on the Baltic and a continuing fire at the Novoshakhtinsk refinery in the Rostov region, a plant with capacity near 100,000 barrels per day and geared largely to exports. The attacks extended a months?long campaign that has repeatedly forced repairs and temporary curtailments at oil and product sites. Reuters<\/p>\n<p>\u201cThe market is somewhat concerned that these peace negotiations are going nowhere,\u201d Reuters cited Ole Hansen, head of commodity strategy at Saxo Bank, as saying, Hansen added that expectations for a seasonal surplus \u201care being challenged by a potential geopolitical disruption\u201d in the near term. His comments came as desks weighed both the refinery outages and the prospect of additional U.S. sanctions pressure if ceasefire efforts stall.<\/p>\n<p>Some analysts cautioned that momentum remains fragile despite the bounce. \u201cBoth benchmark oil prices \u2026 appear to lack momentum,\u201d said Priyanka Sachdeva at brokerage Phillip Nova, pointing to concerns that tariff risks could slow growth even as looser financial conditions support demand.<\/p>\n<p><b>Reuters<\/b><\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Lesotho<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Lesotho. Crude prices moved higher in early Monday trade, with macro tailwinds from a more dovish U.S. Federal Reserve and fresh supply jitters after Ukrainian drone attacks on Russian energy infrastructure. The U.S. Benchmark, West Texas Intermediate (WTI), climbed to its highest in three weeks, while Brent crude has pushed above $68 per [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":60824,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[245],"class_list":["post-60825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-lesotho"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Oil Jumps 2% on Fed Easing Signals, Ukraine Drone Strikes - Lesotho<\/title>\n<meta name=\"description\" content=\"Crude prices moved higher in early Monday trade, with macro tailwinds from a more dovish U.S. Federal Reserve and fresh ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/oil-jumps-2-on-fed-easing-signals-ukraine-drone-strikes\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil Jumps 2% on Fed Easing Signals, Ukraine Drone Strikes\" \/>\n<meta property=\"og:description\" content=\"Crude prices moved higher in early Monday trade, with macro tailwinds from a more dovish U.S. Federal Reserve and fresh ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/oil-jumps-2-on-fed-easing-signals-ukraine-drone-strikes\" \/>\n<meta property=\"og:site_name\" content=\"Lesotho\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-25T18:47:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-25T19:22:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/08\/sm_1756133351.092312.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"718\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/oil-jumps-2-on-fed-easing-signals-ukraine-drone-strikes#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/oil-jumps-2-on-fed-easing-signals-ukraine-drone-strikes\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Oil Jumps 2% on Fed Easing Signals, Ukraine Drone Strikes\",\"datePublished\":\"2025-08-25T18:47:40+00:00\",\"dateModified\":\"2025-08-25T19:22:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/oil-jumps-2-on-fed-easing-signals-ukraine-drone-strikes\"},\"wordCount\":316,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/oil-jumps-2-on-fed-easing-signals-ukraine-drone-strikes#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/08\/sm_1756133351.092312.jpg\",\"keywords\":[\"Lesotho\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/oil-jumps-2-on-fed-easing-signals-ukraine-drone-strikes#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/oil-jumps-2-on-fed-easing-signals-ukraine-drone-strikes\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/oil-jumps-2-on-fed-easing-signals-ukraine-drone-strikes\",\"name\":\"Oil Jumps 2% on Fed Easing Signals, Ukraine Drone Strikes - 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