Oil prices were higher today due to geopolitical risk in Europe and the Middle East. Prices rose after a Ukrainian drone strike caused a large fire in a fuel tank at an oil terminal in Russia’s southern port of Azov, according to Russian officials and a Ukrainian intelligence source. “The Ukrainian attack reminds the market that Russian energy infrastructure is very much in the crosshairs, the global market needs those barrels of crude and refined products to keep prices in check,” said John Kilduff, partner at Again Capital. The market is also watching U.S. stockpile data due this week for hints on the oil demand outlook during summer driving season. U.S. crude oil inventories posted a surprise build last week while gasoline stocks fell according to market sources. WTI traded up $1.24 or 1.5% to close at $81.57. Brent traded up $1.08 or1.3% to close at $85.33.