Oil prices rose on Friday following a Ukrainian attack on a Russian port and its refinery, likely to disrupting the supply of black gold.

In Novorossiysk, a port city on the seashore Noire, in the Krasnodar region, “an oil refinery was damaged” as a result of a “drone attack”, the infrastructure having been affected by a fire since extinguished, according to local authorities. A civilian boat was also reported to have been hit.

Novorossiysk is a “strategic port on the Black Sea, which processes Russian oil cargoes as well as exports of Kazakh oil” and “this attack contributes to the rise of “price” of crude oil, explain DNB analysts.

In return, Moscow claims to have destroyed more than 200 drones. Ukrainians, some of whom targeted the port.

A Russian missile and drone attack targeting mainly numerous neighborhoods in Kiev have caused at least four deaths, in In addition, Ukrainian President Volodymyr Zelensky announced on Friday.

These recent developments confirm that the negotiations of peace between Kiev and Moscow are at a standstill, a summit discussed in Budapest between The American presidents Donald Trump and Russian presidents Vladimir Putin did not have venue.

Around 11:25 GMT (12:25 CET), the price of a barrel of Brent for North Sea, for delivery in January, rose by 2.29% to 64.45 dollars.

Its American equivalent, the West Texas barrel Intermediate, for delivery in December, earned 2.56% to 60.19 dollars