Brent crude rose 4.00% intraday to $79 per barrel; WTI crude gained nearly 4%.

Japan's Nikkei 225 opened 226.26 points lower, down 0.33% at 68,331.47 points on Monday, July 13.

Ukraine President ZELENSKIY is considering replacing the prime minister as part of a political-strategy shift and may nominate the head of the state oil and gas company, Serhiy Kolyetsky, or former prime minister and current energy minister Denys Shmyhal. ZELENSKIY met both candidates and has asked incumbent Prime Minister Yuliia Svyrydenko to take responsibility for new strategic partnership work. He said winter preparedness is a top priority and called for accelerated transformation of state-owned enterprises.