Weekend – Another attack on a Russian oil refinery

News reports of further attacks on Russian oil facilities over the weekend:

• Ukraine allegedly attacked another oil refinery overnight, Russian authorities said on Sunday, in the latest of a series of assaults on Moscow’s oil facilities.

  “Several” Ukrainian drones targeted the Slavyansk oil refinery in Russia’s southern Krasnodar region at around 3 a.m. local time (8 p.m. Saturday ET), local authorities reported on Sunday. A fire broke out at the facility as one of the drones fell from the sky, said local officials.

There have been more than a dozen attacks on Russian oil refineries so far.

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Oil update, futures are open: with a small gap lower:

This article was written by Eamonn Sheridan at www.forexlive.com.