WHC 0.12% $8.09 whitehaven coal limited

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    Ukraine has yesterday launched its deepest-ever drone strike into Russia.
    Several drones hit different targets- including a major oil refinery- in Tartastan, 1300kms from the Ukrainian front lines. Ukraine states these drones were Ukrainian-made & designed.

    And for the first time also yesterday, Ukraine deployed a drone aircraft (which have much bigger fuel tanks & batteries- & much bigger bombs)- which hit a (one-way suicide bomber) drone factory in Tartastan, 1200kms from Ukrainian held land.

    thenewdaily.com.au G. Faulconbridge 2.4.24 said

    "Ukrainian drones have attacked Russia’s third-largest oil refinery about 1300 kilometres from the front lines, hitting a core unit that processes about 155,000 barrels of crude refining per day.

    ..."According to Reuters calculations, about 14 per cent of Russia’s refining capacity has been shut down by drone attacks.

    There is more demand for refined oil products than for Russian crude oil...

    UNBELIEVABLE FOOTAGE:

    For the first time, Ukraine has employed a drone aircraft to carry out a strike in Russia.The target was Alabuga in Tatarstan, where Russia manufactures its suicide drones.This location is over 1200 km away from Ukraine".

    Russian oil refinery hit in Ukrainian drone strike (thenewdaily.com.au)

    How much ongoing damage will Ukraine be able to inflict on Russian oil & gas storage facilities, & refineries? And will these attacks cause ongoing oil & gas price rises?
    If so, will thermal coal prices also, eventually, start to rise?


    (Since this latest campaign of drone attacks on oil & gas facilities deep inside Russia in the last month, the price of international Brent crude has risen c.14%, from US $77 to US $89 per barrel yesterday)


    Last edited by Montalbano: 03/04/24
 
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