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Ukraine hits pipeline sending Russian oil to Hungary and Slovakia: Reuters
The Druzhba pipeline, vital for supplying Russian oil to Hungary and Slovakia, has been attacked five times this year by Ukraine using remote-controlled explosives, operators report normal flow.
- On Dec 3, Ukraine's GUR said it hit the Druzhba pipeline in Tambov Oblast on Dec. 1, marking the fifth attack this year on the route supplying Russian oil to Hungary and Slovakia.
- Kyiv says its strikes on energy targets aim to undermine Moscow's war effort in response to Russian attacks, hitting the pipeline once in March and three times this year.
- Reports said remote-controlled explosives and combustible mixtures destroyed the pipeline section, while footage circulated of the Dec. 1 strike but the Kyiv Independent could not verify it.
- On Dec 4, oil prices moved slightly higher after Ukrainian attacks on Russia's oil infrastructure, with Brent at $62.81 b and WTI at $59.11, and IG analyst Tony Sycamore said `Despite the uptick, concerns about an oversupply glut and soft demand continue to weigh on crude oil prices`.
- The Druzhba pipeline is a lifeline for Hungary and Slovakia with a capacity of 2 million barrels per day, and Slovak and Hungarian operators said supplies were running as normal on Wednesday.
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·Berlin, Germany
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Channel News Asia+5 Reposted by 5 other sources
Oil prices firm after Ukrainian strikes on Russian oil infrastructure, stalled peace talks
BEIJING, Dec 4 : Oil prices moved slightly higher on Thursday after Ukrainian attacks on Russia's oil infrastructure signalled potential supply constraints, and stalled peace talks tempered expectations of a deal restoring Russian oil flows to global markets, though weak fundamentals kept gains limited.Brent
·Singapore
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Coverage Details
Total News Sources53
Leaning Left7Leaning Right8Center5Last UpdatedBias Distribution40% Right
Bias Distribution
- 40% of the sources lean Right
40% Right
L 35%
C 25%
R 40%
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