Global Footer BannerSponsored

Read the market story
Moscow Refinery Facility Confirmed Damaged After Drone Attack

A Moscow refinery facility was confirmed damaged after a drone attack, but no unit-level impact, output loss or restart guidance was disclosed.

Moscow Mayor Sergei Sobyanin said a facility at the capital’s OilOil refers to a globally traded energy commodity whose price is shaped by supply, demand, inventories, geopolitics, and economic activity. The term belongs in Level 7 because it...Read More refinery was damaged during Sunday’s large drone attack, Interfax reported, materially advancing the earlier assessment that damage was unknown. Reuters witnesses had seen smoke and heard blasts at the site. Authorities also raised the Moscow-region death toll to three. No unit-level damage, processing-rate reduction or restart guidance was disclosed, so the confirmed physical damage does not yet establish a refinery outage or quantify any impact on Russian fuel supply.

      Sponsored
      Disclaimer: This content is for educational and informational purposes only. It does not constitute investment advice, financial advice, or a recommendation to buy or sell any security. Past performance is not indicative of future results. Trading forex and CFDs involves substantial risk of loss. Always consult a qualified financial advisor before making investment decisions.