Quote (Prox1m1ty @ Mar 18 2024 09:29pm)
🇺🇦 “Ukrainian drone attacks on Russian oil infrastructure have surprised the market, because many of them are located inside Russia itself,” explains Bjarne Schieldrop.
While crude oil supplies are not expected to be disrupted for the moment, "oil refining capacity could be lost due to these attacks," he continues.
“The consequences of these attacks should therefore be
felt mainly on refining margins and less on crude prices”, even if they have “a contagion effect” on oil, says Mr. Schieldrop.
=> so it's more likely "okay, get that drone in da butt"
This post was edited by Meanwhile on Mar 18 2024 02:45pm