Crude oil prices hovered near recent highs on Sunday as traders weighed a Ukraine bombing of oil facilities in Russia and more tankers coming under attack in the Persian Gulf. Brent crude futures, the international benchmark, shed $1.04 to $$108.82 per barrel. U.S. West Texas intermediate lost 26 cents to $101.15 per barrel. Fires broke out at an oil terminal and depot in St. Petersburg after Ukraine launched a massive wave of drone strikes on Sunday, St. Petersburg Gov. Alexander Beglov said in a post on Telegram. The terminal in St. Petersburg exports about 120,000 barrels per day of refined products, mostly fuel oil, according to data from Kpler. It is unclear how bad the damage is at the facility.
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