Oil prices climb after Ukraine attacks hit Russian energy sites

By Sam Li and Florence Tan

(Reuters) -Oil prices edged higher on Monday after Ukraine stepped up attacks on Russia, fanning concerns Russian oil supply could be disrupted, while expectations of a cut in U.S. interest rates buoyed the outlook for global growth and fuel demand.

Brent crude futures rose 6 cents, or 0.09%, to $67.79 at 0050 GMT, and West Texas Intermediate (WTI) crude futures gained 9 cents, or 0.14%, to $63.75.

Ukraine launched a drone attack on Russia on Sunday, which forced a sharp fall in the capacity of a reactor at one of Russia’s biggest nuclear power plants and sparked a huge blaze at the Ust-Luga fuel export terminal, Russian officials said.

In addition, a fire at Russia’s Novoshakhtinsk refinery, caused by a Ukrainian drone attack, was burning for the fourth day