Ukraine’s attacks on Russian oil infrastructure climbed to the highest monthly level since December, cutting the neighboring nation’s refinery runs to multi-year lows.
Russian police officers secure an area as smoke rises following a recent drone attack on the Tuapse oil refinery in Tuapse, Krasnodar region, Russia on April 29.
Ukrainian drones struck a major refinery deep inside Russia and again attacked an oil-pumping station nearby, further crippling Moscow’s crude-processing capability.
April 30 satellite imagery from NASA FIRMS suggests fires at the Perm oil-pumping station and in the vicinity of the Perm refinery
The United Arab Emirates’ decision to leave OPEC won’t lead to an imminent price war since the Iran conflict has throttled producers’ ability to unleash supplies, Russian Deputy Prime Minister Alexander Novak said.
The OPEC (Organization of the Petroleum Exporting Countries headquarters in Vienna, on April 28.
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