- Late surge lifts Thailand's Jeeno to LPGA Queen City lead
- DeChambeau says PGA's Ryder Cup decision 'just the start'
- Alcaraz defeated on Laver Cup debut
- Postecoglou embraces 'struggle' to make Spurs a success
- Nice hand 'ashamed' Saint-Etienne 8-0 Ligue 1 mauling
- Boeing CEO says ending strike 'a top priority'
- Stock markets mostly fall after Fed-fueled rally
- Harris slams Trump for hypocrisy on abortion as US starts voting
- Academy to host first overseas ceremony to honor young filmmakers
- No doctor necessary: US okays nasal spray flu vaccine for self-use
- Gurbaz, birthday boy Rashid lead Afghanistan to 177-run rout of South Africa
- Former delivery man Baldwin leads star names at PGA Championship
- Trump shooting: Secret Service admits complacency
- Can an ambitious Milei make Argentina an AI giant?
- Haiti, its suffering growing, in 'race against time': UN expert
- Ibrahim Aqil, the Hezbollah elite unit commander wanted by the US
- Chinese forward Cui signs NBA contract with Brooklyn Nets
- US Fed dissenter calls for 'measured' pace of rate cuts
- Guardiola tells players to lead change over workload as Kompany demands cap on games
- Norway limits wild salmon fishing as stocks hit new lows
- Top Hezbollah commander killed in Israeli strike on Beirut
- Rotterdam fatal knife attacker suspected of 'terrorist motive'
- First early votes cast in knife-edge US presidential election
- Top-ranked Swiatek out of Beijing due to 'personal matters'
- Hard-right Reform UK looks to the future after vote success
- Embiid agrees to NBA contract extension with 76ers
- Joshua aims to complete road to redemption in Dubois bout
- World champion Bagnaia sets pace with lap record at Misano
- Biden says 'working' to get people back to homes on Israel-Lebanon border
- Pope criticises Argentina's crackdown on protesters
- Court limits screenings of videos in France mass rape case
- Gurbaz century takes Afghanistan to 311-4 in 2nd ODI
- Central banks face 'difficult balancing act': IMF chief
- McLaren's Norris sets Singapore pace as struggling Verstappen 15th
- Guardiola tells players to lead change over workload fears
- Paris Olympics sports equipment moves to new homes
- 'Happy' Kinghorn relishing life at Toulouse
- Norris sets Singapore pace as Verstappen only 15th
- 8 dead in Israeli strike, source says Hezbollah commander killed
- Germany to bid to host women's Euro 2029
- Portugal brings deadly forest fires under control
- Postecoglou defends Solanke after slow start to Spurs career
- US nuclear plant Three Mile Island to reopen to power Microsoft
- Arteta urges Arsenal to take next step in Man City showdown
- Stock markets fall after Fed-fuelled rally
- Top Hezbollah commander 'killed' in Israel strike
- Poland charges Russian over attack on Navalny ally: prosecutors
- Man City have rest 'advantage' in Arsenal showdown: Guardiola
- Maresca has 'no doubt' in Jackson as Chelsea's number nine
- EU chief announces 35 bn euro loan plan for Ukraine before winter
Oil prices rally, stocks mixed tracking Ukraine crisis
Oil prices rallied Monday on renewed supply fears as the EU debates banning Russian crude imports and following a weekend attack on Saudi facilities.
Stock markets traded mixed, as Ukraine rejected a Russian ultimatum to surrender its besieged southern city of Mariupol.
"Oil prices are up noticeably as the new week of trading begins," noted Commerzbank analyst Carsten Fritsch as Brent and WTI won four percent.
"The reason for the upswing is news that the EU appears to be considering a ban on oil imports from Russia."
EU foreign ministers gathered Monday to discuss adding sanctions on Moscow, with a raft of countries pressing for a ban on Russian energy. Germany, however, is reluctant as it relies on Russian gas.
Kremlin spokesman Dmitry Peskov warned that an oil embargo "is a decision that will hit everyone".
- Drone strike -
Crude futures won support also on news that Yemeni rebels had attacked facilities belonging to oil giant Saudi Aramco.
Drone and missile strikes by Yemen's Iran-backed Huthi rebels at the weekend caused no reported casualties.
The drone assault on the YASREF refinery in Yanbu Industrial City on the Red Sea "led to a temporary reduction in the refinery's production, which will be compensated for from the inventory," the Saudi energy ministry said.
The Saudi-led military coalition that backs Yemen's government said it intercepted and destroyed ballistic missiles and drones launched towards Jizan and other areas in the kingdom, causing "damage" to several sites.
"As war rages in Ukraine, another protracted conflict is also adding to the nervousness around the oil price after Huthi rebels attacked a refinery in Saudi Arabia," said Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown.
"It's officially a temporary outage but still has undermined the effect of Saudi Aramco's pledge to ramp up production in coming years."
Saudi Aramco on Sunday reported a 124-percent surge in annual net profit owing to soaring oil prices that is fuelling inflation worldwide, in turn pushing central banks to raise interest rates that could hinder the economy's growth recovery according to experts.
Elsewhere on Monday, European and Asian stock markets were steadier after recent sharp swings, "not because views on geopolitical or policy/rates risk have improved but because price action shows a market more tolerant of those challenges", said Stephen Innes of SPI Asset Management.
- Key figures around 1145 GMT -
Brent North Sea crude: UP 4.0 percent at $112.25 per barrel
West Texas Intermediate: UP 4.0 percent at $107.24 per barrel
London - FTSE 100: UP 0.8 percent at 7,463.01 points
Frankfurt - DAX: UP 0.2 percent at 14,439.01
Paris - CAC 40: FLAT at 6,619.60
EURO STOXX 50: UP 0.1 percent at 3,906.18
Hong Kong - Hang Seng Index: DOWN 0.9 percent at 21,221.34 (close)
Shanghai - Composite: UP 0.1 percent at 3,253.69 (close)
Tokyo - Nikkei 225: Closed for a holiday
New York - DOW: UP 0.8 percent at 34,754.93 (close)
Euro/dollar: DOWN at $1.1034 from $1.1051 Friday
Pound/dollar: DOWN at $1.3134 from $1.3181
Euro/pound: UP at 83.99 pence from 83.81 pence
Dollar/yen: UP at 119.16 yen from 119.13 yen
burs-bcp/rfj/
B.Shevchenko--BTB