Oil Prices Flat As Russia Bombs Kyiv For First Time In Weeks

Oil prices were slightly down early on Monday after Russia fired missiles on the Ukrainian capital Kyiv for the first time in weeks while the battle in eastern Ukraine rages on. As of 10:16 a.m. EST on Monday, WTI Crude was down 0.27% at $118.70 and the international benchmark, Brent Crude, traded at $119.67, down 0.13%. Earlier on Monday, oil prices were supported by Saudi Arabia’s decision to raise its crude prices for Asia for July by more than expected, signaling confidence that oil demand would rebound, especially in China, after two…