Oil Falls on Signs Russia’s Novorossiysk Port Resumes Operations

Oil dropped following signs that activity had resumed at the key Russian port of Novorossiysk on the Black Sea, after a Ukrainian strike last week led to some damage and...

By Nicholas Lua · Bloomberg Markets

Oil dropped following signs that activity had resumed at the key Russian port of Novorossiysk on the Black Sea, after a Ukrainian strike last week led to some damage and a suspension of operations.