Serbia’s Only Refinery Shuts Down: U.S. Sanctions Spark Energy Crisis
Serbia’s only operational oil refinery, located in Pančevo, has ceased production and shifted to so-called “warm circulation”
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Brent crude oil futures for January 2023 on ICE fell below $82 a barrel for the first time since January 11, 2022, trading data showed.
Brent fell to $81.41 a barrel early this morning, falling 2.86% to $81.25 a barrel within minutes.
Meanwhile, WTI crude futures for January 2023 delivery were down 3.00% at $73.9 a barrel.
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