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Russia Crude Processing Recovered ~4% into H1 May

REFINING

Russia crude processing rates climbed over the first half of May according to Bloomberg analysis as some Rosneft refineries recovered – prior to the latest attacks.

  • Russia processed 5.45mn bpd of crude over the first 15 days of the week – 4% above most of April’s level according to the calculations.
  • The data doesn’t include any potential impact of the most recent drone strike on the Tuapse facility on Friday morning.
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Russia crude processing rates climbed over the first half of May according to Bloomberg analysis as some Rosneft refineries recovered – prior to the latest attacks.

  • Russia processed 5.45mn bpd of crude over the first 15 days of the week – 4% above most of April’s level according to the calculations.
  • The data doesn’t include any potential impact of the most recent drone strike on the Tuapse facility on Friday morning.