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Brent oil prices tick down after gaining on Caspian pump station attack

  • A drone attack disrupted crude oil flows from Kazakhstan at the Kropotkinskaya pumping station in southern Russia, reported the Caspian Pipeline Consortium .
  • The CPC stated that the attack involved seven drones and aimed to disrupt services and cause casualties, but no injuries occurred.
  • Crude transportation through the Tengiz-Novorossiysk pipeline is now at reduced flow rates, following the attack, according to the CPC.
  • Oil prices rose after the attack, with Brent crude climbing above $75 per barrel, as noted by financial analysts.
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Malay Mail broke the news in Selangor, Malaysia on Monday, February 17, 2025.
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