WS #11550
Ukrainian drones struck Russia's Omsk oil refinery, the last major undamaged facility, causing fuel rationing and panic buying in Russian regions; bullish for oil prices. Saudi Arabia slashed its main oil price to a rare discount, signaling demand weakness and countering bullish oil thesis from supply disruptions.
Ukraine Drone Strike on Omsk Refinery
Ukrainian drones struck Russia's Omsk oil refinery, the last major undamaged facility, causing fuel rationing and panic buying in Russian regions; bullish for oil prices.
Saudi Arabia slashed its main oil price to a rare discount, signaling demand weakness and countering bullish oil thesis from supply disruptions.