Free Trial

OIL PRODUCTS: Russia Diesel Exports Crash While Refinery Runs Rebound: BNEF

OIL PRODUCTS

Russia diesel exports plunged 770k b/d in August as diesel loadings were impacted at the start of the month, Bloomberg said.

  • Russian refineries continue to be under threat from Ukrainian drone attacks. Refinery operations have been disrupted consistently this year.
  • However, refinery runs surged to 5.52m b/d in August, the highest since July 2023.
  • Russia’s dirty product exports held steady month-on-month in August, while clean product exports fell due to a drop in diesel exports.
  • Platts said Sep. 4 that Russian product exports had sunk in August as products like diesel and gasoline were diverted to the domestic market.

 

Source: Bloomberg

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.