Hungary's MOL says it received notice from Ukrtransnafta of its readiness to resume oil deliveries via Druzhba, TASS reports
Context
The announcement that Hungary's MOL is set to resume oil deliveries via the Druzhba pipeline could indicate a potential increase in supply from this route, potentially easing any recent tightness in the market. If these deliveries come through as anticipated, we could see ramifications for WTI prices, especially with ongoing considerations around European energy security amid geopolitical tensions.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#ENERGY#EU SESSION#WTI#COMMODITIES#ENERGY & POWER