MHMarkets:Russian state media reported that at least 6 people were killed in the Kherson explosion

In recent days, As Russian troops have tried to quell Ukrainian resistance in the region and move further west toward Kramatorsk and Slovinsk, Chasifyar and other towns in Donetsk have come under heavy attack. 

Ukrainian officials said tuesday that the death toll had risen to more than 30 after a Russian attack on an apartment building in the Donetsk region of eastern Ukraine over the weekend. On Saturday night, Russia again intensified its attacks on towns in eastern Ukraine in an attempt to control the entire Donbass region, where residential buildings in the town of Chasifyar were attacked.

The head of the Donetsk Regional Military Administration, Pavlo Kirilenko, said on his official telegraph channel on Tuesday that the attack killed at least 34 people and injured at least nine others. He added that one of the dead was a child. Rescue operations are underway, and emergency services have cleared about 70 percent of the rubble.

Ukrainian attacks on Russian supply lines and ammunition storage points far from the front lines continued this weekend, with Ukrainian officials reporting another long-range attack on military positions in the Kherson region of southern Russia.

Serhiy Khlan, a member of the Kherson Regional Council, said on Sunday that the occupiers' military unit on Pestria Street in the city of Kherson had been “precision struck”. The device was hit twice on Sunday morning.

On Monday, the big bang shook Nova Kakhovka for the second time in four days. The town is home to an important hydroelectric dam and a water pipeline to Crimea. Videos posted on social media showed loud explosions and huge fireballs lighting up the night sky. A series of explosions in Novakkhovka, in the Russian-occupied Kherson region of Ukraine, killed at least six people, Russian state news agency TASS reported on Tuesday.

Tass quoted Vladimir Leontiev, head of the civil and military administration in the Kakhovka district, as saying that the attack was carried out by the Ukrainian armed forces. According to Leontiev, six people were killed, adding that “dozens of people were injured,” including shrapnel wounds and cuts. He added that many were still trapped under rubble or in their homes, and the injured were taken to hospital.

Key financial data and events today:

Pending OPEC publishes monthly crude oil market report

To be determined Domestic refined oil products opened a new round of price adjustment window

19:00   Bank of England Governor Bailey delivers a speech

24:00   EIA announces its monthly short-term energy outlook

The next day at 01:00   Bank of England Governor Bailey delivered a speech

Next day 04:30   US API crude oil inventories for the week through July 8