Russian Crude Prices Via Druzhba Pipeline To Jump 16% After Dam Collapse

June 7, 2023
Posted by: AliensFaith
Category: OBJECTIVE PRESS

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June prices for Russian flagship Urals crude via the Druzhba pipeline through Ukraine are set to jump by 16% over May’s prices due to European refiners’ concerns of transit disruptions following the collapse of a major Ukrainian dam and fears of more significant infrastructure damage, Reuters reports, citing two unnamed sources. While Russian seaborne oil is banned by sanctions, piped crude is not, with the Druzhba pipeline running through Ukraine and supplying Hungary, Slovak and the Czech Republic from the southern branch. Reuters…

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

Russian Crude Prices Via Druzhba Pipeline To Jump 16% After Dam Collapse

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