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Market Chatter: Russian Oil Refinery Hit by Ukrainian Drones Reportedly Needs Six Months for Repair

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An oil refinery in the Russian capital hit by Ukrainian drones this month is unlikely to resume production this year, Reuters reported Wednesday, citing two sources.

The refinery operated by Gazprom Neft and located on the outskirts of Moscow reportedly needs at least half a year for repair.

Gazprom Neft did not immediately respond to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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