Fears of supply constraints from the damage to the Druzhba crude oil pipeline are being quelled by both the Germany Govt and PERN, the pipeline operator.

Reuters Headlines:

• GERMAN ECON MINISTRY: GERMAN OIL SUPPLY IS SECURE AFTER DAMAGE ON DRUZHBA PIPELINE
• GERMAN ECON MINISTRY: SCHWEDT AND LEUNA REFINERIES ARE STILL RECEIVING OIL VIA DRUZHBA PIPELINE
• GERMAN ECON MINISTRY: THESE DELIVERIES ARE NOT INTERRUPTED
• POLISH PIPELINE OPERATOR PERN SAYS SUPPLY OF OIL TO GERMAN CLIENTS IS CONTINUING TAKING INTO ACCOUNT TECHNICAL POSSIBILITIES
• POLISH PIPELINE OPERATOR PERN SAYS POLISH REFINERIES ARE RECEIVING OIL IN LINE WITH NOMINATIONS