refinery

Oil prices rise over 1% after reported attack on Saudi refinery raises supply concerns

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Oil prices rise after a reported attack on a major Saudi refinery raises global supply concerns. (Pexel/Repersentative image) (Pexel)

Oil prices rose by more than 1% on Wednesday. Prices increased after Yemen’s Iran-aligned Houthi group reported an attack on a major oil refinery in Saudi Arabia. The report raised concerns about possible disruptions to global oil supplies amid ongoing conflicts in the Middle East. Oil prices rise after a reported attack on a major … Read more

Ukraine strikes Russian oil refinery, passenger train in overnight drone attacks; 2 dead

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Ukraine strikes Russian oil refinery, passenger train in overnight drone attacks; 2 dead

The Novoshakhtinsk oil refinery in Russia’s southern Rostov region was also damaged in the attacks. Two people were killed in separate Ukrainian drone attacks across Russia overnight, Russian officials said, as the strikes damaged an oil refinery, industrial sites and a passenger train.Russia’s defence ministry said its air defences destroyed 592 Ukrainian drones during the … Read more