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☆ Oil prices pare gains on U.S. inflation concerns
▼ + stars: | 2024-04-29 | by ( ) www.cnbc.com time to read: +1 min

Oil prices fell in early Asian trading on Monday, reversing gains from Friday as U.S. inflation data further dimmed the prospects of interest rate cuts anytime soon and boosted the dollar, which hurts oil demand. "The sticky U.S. inflation sparks concerns for 'higher-for-longer' interest rates", leading to a stronger U.S. dollar and putting pressure on commodity prices, independent market analyst Tina Teng said. Lower inflation would have increased the likelihood of interest rate cuts, which would stimulate economic growth and oil demand. But oil prices could swing higher again if U.S. inventory data and China's PMI index show improvements this week, Teng said. Brent had settled up 49 cents and WTI up 28 cents on Friday on concerns about disruptions to supply from events in the Middle East.

Persons: Tina Teng, Teng, Brent Organizations: Brent, West Texas, U.S . Federal, PMI Locations: Grandfalls , Texas, Russia's Krasnodar

☆ Oil refinery in Russia's Krasnodar region damaged in Ukraine drone attack, authorities say
▼ + stars: | 2024-04-27 | by ( ) www.cnbc.com time to read: 1 min

Slavyansk oil refinery in Russia's Krasnodar region was damaged in a Ukraine drone attack, local authorities said on Saturday. "The tank farm was not damaged due to the organized protection system. The fire was eliminated by joint efforts of responsible services," Siniagovskyi said. A fire broke out in small area at the refinery, local emergency services said, and was later extinguished. Russia's Defence Ministry said on Saturday its air defense units had intercepted and destroyed 66 Ukrainian drones over the territory of the Krasnodar region, and two more over the Crimean peninsula.

Persons: Siniagovskyi Organizations: Russia's Defence Locations: Russia's Krasnodar, Ukraine, Krasnodar, Crimean

☆ Russian oil refinery partially suspends operations after drone attack, as thermal energy plants are damaged in Ukraine
▼ + stars: | 2024-04-27 | by ( Lauren Said-Moorhouse | Olga Voitovych | ) edition.cnn.com time to read: +4 min

CNN —A Russian oil refinery in the southern Krasnodar region was impacted by a suspected Ukrainian drone attack on Saturday, according to local officials. Meanwhile in Ukraine, four thermal energy plants were “severely damaged” after Russian attacks overnight, according to a statement from DTEK, Ukraine’s largest private energy company. DTEK said that its thermal power plants have been attacked more than 170 times since the beginning of the war. A video surfaced online showing the head of the Belarusian KGB security service alleging the two medical facilities were housing soldiers. Videos shared online showed medical personnel hurrying to move patients and equipment to ambulances that were awaiting to receive them.

Persons: Veniamin Kondratyev, Eduard Trudnev, Trudnev, ”, Kondratyev, Herman Halushchenko, Halushchenko, Serhii Lysak, Lysak, ” Svitlana Onyshchuk, DTEK, Mykola Oleshchuk, Ivan Tertel, Vitali Klitschko, hurrying, Klitschko Organizations: CNN, Regional, Kyiv, TASS, Slavyansk ECO Group, Russia’s Ministry of Defense, Ukraine’s Energy, Facebook, Frankivsk, Ivano, Ukrainian Air Force, Ukraine, Hospitals, Belarusian KGB, ”, Security Service of Ukraine Locations: Krasnodar, Ukrainian, Slavyansk, Kuban, Krasnodar Krai, Russia’s, Ukraine, DTEK, Dnipropetrovsk, Ivano, Lviv, Dnipro, Kryvyi, Rih, ”, Russia, Belarus, Belarusian, Kyiv, “

☆ Oil prices rise on tighter supply, geopolitical risks
▼ + stars: | 2024-03-18 | by ( ) www.cnbc.com time to read: +2 min

Oil prices ticked up in early Asian trading on Monday, firming up gains from last week when prices rose nearly 4% on the view that supply was tightening. Oil prices ticked up in early Asian trading on Monday, firming up gains from last week when prices rose nearly 4% on the view that supply was tightening. Brent crude oil futures for May delivery inched up 3 cents to $85.37 a barrel by 0045 GMT. The April contract for U.S. West Texas Intermediate (WTI) crude was up 10 cents to $81.14. Lower interest rates would stimulate demand in the U.S., supporting oil prices.

Persons: firming, Benjamin Netanyahu, Olaf Scholz, Tony Sycamore, Sycamore Organizations: Brent, U.S . West Texas, ANZ, U.S, U.S . Federal, IG, International Energy Agency Locations: Kasnodar, East, U.S ., U.S, Red, Brent

CNN —A wave of Ukrainian drones has targeted Russia on the third and final day of voting in Russia’s presidential election. Ukraine launched a total of 36 drones overnight over Russia, aimed at various parts of the country, including the capital Moscow, Russia’s Ministry of Defense said on Sunday. In Belgorod, which borders Ukraine, a 16-year-old girl was killed due to shelling, the governor of Belgorod, Vyacheslav Gladkov, posted on Telegram. A polling station in the Russian-controlled part of Ukraine’s Zaporizhzhia region was also attacked by two Ukrainian drones on Sunday, according to Vladimir Rogov, member of the Russian-installed Zaporizhzhia administration. Meanwhile, Ukrainian forces shot down 14 drones over the Odesa region on Sunday after they were launched by Russia overnight, according to the Ukrainian Air Force.

Persons: “, Vyacheslav Gladkov, Vladimir Rogov, Vladimir Putin, Putin, Joseph Stalin, CNN’s Christian Edwards Organizations: CNN, Russia’s Ministry of Defense, Ministry of Defense, district’s Dispatch Service, Ukrainian Air Force Locations: Russia, Ukraine, Moscow, Yaroslavl, Belgorod, Kursk, Kaluga, Rostov, Oryol, Bryansk, Krasnodar Krai, Slavyansk, Russian, Ukraine’s Zaporizhzhia, Odesa, Alaska, Kaliningrad, Soviet

☆ Ukraine drones attack multiple oil refineries in the campaign against Russia's strategic energy industry
▼ + stars: | 2024-03-17 | by ( Cameron Manley | ) www.businessinsider.com time to read: +5 min

Ukraine attacked another Russian oil refinery on Saturday night. AdvertisementA long week of attacks on oil and gas infrastructureThis past week, Ukraine has made a concerted effort to degrade Russia's oil production capabilities. The governor of Russia's Samara Oblast reported on March 16 that Ukrainian drones had attacked two Rosneft oil refineries. One attack had hit another major oil refinery operated by Lukoil in the southwestern Volgograd region. Similar incidents had occurred across Russia in January, hitting the Slavneft-Yanos oil refinery, an oil refinery in Tuapse, a storage facility in Klintsy, and a Baltic sea Ust-Luga terminal.

Persons: —, Ukrainska, Russia's, Andriy Yermak, Volodymyr Zelenskyy, Zelensky, Краснодарському кра РосВдео Organizations: Bloomberg, Service, Business, Astra, Ukrainska Pravda, Security Services, Security Service, Stringer, Anadolu Agency, Getty, Reuters, Staff, Lukoil, НПЗ Locations: Ukraine, Russian, Krasnodar, Moscow, Russia, Russia's Samara Oblast, Ryazan, Nizhny Novgorod, Leningrad, Lukoil's Norsi, Russia's Belgorod, Norsi, Ukrainian, Volgograd, Tuapse, Klintsy, Baltic

☆ A decade of quiet preparations helped Ukraine turn the tables on Russia's bigger, better-armed military, experts say
▼ + stars: | 2023-01-29 | by ( Constantine Atlamazoglou | ) www.businessinsider.com time to read: +10 min

Following Russia's 2014 attack, Ukraine's military set out to improve and modernize its forces. In the years that followed, Ukraine's military underwent a period of preparation that helped it blunt the full-scale invasion that Russia launched in February 2022. Training for artillery troops was also intensified. However, Russia's tanks still outnumbered Ukraine's nearly four to one when the invasion started. Prior to 2022, Ukraine's military had struggled to retain troops, but high turnover during those years meant Ukraine had a large pool of civilians with military training.

☆ US special operators borrowed a unique part of Army Green Beret training to prepare Ukrainians to fight Russia
▼ + stars: | 2023-01-24 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +7 min

As part of that, US trainers set up a version of US Army Special Forces' "Q course" for Ukraine. "Q course" assesses Green Beret candidates and teaches them the basics of their profession. Ukraine's 'Q' courseCandidates during US Army Special Forces Assessment and Selection at Camp Mackall in North Carolina in March 2020. Gaelle Girbes/Getty ImagesThe "Q course," officially called the US Army Special Forces Qualification Course, assesses and teaches Green Beret candidates the basics of their profession. Edwards acknowledged that some NATO militaries still have special operators in Ukraine, though strictly in an advisory role, and that US special operators "rely heavily on them" to understand the situation on the ground.

☆ How a tank the Soviets tried to keep secret became an icon of Ukraine's resistance against Russia
▼ + stars: | 2022-10-13 | by ( Sebastian Roblin | ) www.businessinsider.com time to read: +17 min

An Afghan soldier fighting for the Soviets sits on a Soviet-made T-64 tank near the Salang Pass on August 17, 1989. However, these systems were mostly exported, and it's unclear whether either is currently operational on Ukrainian tanks. Defending Ukraine, 2014-2015A Ukrainian tank in the eastern Ukrainian city of Slavyansk in July 2014. A burned Ukrainian tank in Uglegorsk, on the frontline near Debaltseve, in February 2015. A pro-Russian separatist stands guard near a T-64 tank in Donetsk in July 2014.

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