US EditionRussia close to cutting oil output due to drone attacks: Reuters
Russia's oil output may decrease after Ukrainian drone strikes damaged facilities, with an estimated 300,000 barrels per day refining capacity lost in August and September, analysts say.
- Ukraine has intensified drone attacks on Russian energy infrastructure, forcing Transneft to warn producers of potential output cuts.
- These strikes aim to limit Russia's ability to export oil, reflecting a growing effort to disrupt international oil markets and raise prices.
- Goldman Sachs estimates that Ukrainian strikes have disrupted Russian oil refining operations by approximately 300 thousand barrels daily, contributing to tighter conditions in the diesel market.
- Alex Hodes, an analyst at StoneX, noted that significant harm to Russian refineries may boost the need for U.S. diesel shipments and help maintain the inverted forward curve.
- The disruptions are contributing to rising oil prices and suggest sustained pressure on global energy supply amid stalled conflict talks.
24 Articles
24 Articles
Oil prices rose this Tuesday, September 16, in the face of the fear of the operators of an intensification of Ukrainian attacks on Russian oil infrastructures, which could slow the supply.The price of Brent's North Sea barrel, delivered in November, rose by 1.53% to $68.47. Its American equivalent, the West Texas Intermediate barrel, delivered in October, experienced an increase of 1.93% to $64.52. “Ukrainian attacks on Russian infrastructure ar…
Russia close to reducing oil production due to drone attacks.Transneft, the Russian oil pipeline monopoly, has warned producers they may be forced to cut production following Ukrainian drone attacks on ports and key refineries for export, three industry sources said on Tuesday. In a statement on its website, Transneft described the news as “fake” and part of the West's “information war” against Russia. Since August, Kiev has intensified attacks …
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Oil gains over 1% as Ukraine drone attacks target Russian supply
NEW YORK : Oil prices rose over a dollar a barrel on Tuesday, as traders weighed the possibility that Russian supplies may be disrupted by Ukrainian drone attacks on its ports and refineries, and awaited the Federal Reserve's decision on U.S. interest rates.Brent crude futures were up $1.01, or 1.5 per ce
Russia close to cutting oil output due to drone attacks, sources say
Russia's oil pipeline monopoly Transneft has warned producers they may have to cut output following Ukraine's drone attacks on critical export ports and refineries, three industry sources said on Tuesday.
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