January 27, 2025 17:35 GMT
OIL PRODUCTS: Russia Oil-Processing Was Near Monthly Peak Before Ryazan Fire
OIL PRODUCTS
Russia’s refineries processed a total of just over 5.5m b/d of crude Jan. 16-22 sources told Bloomberg.
- That’s just 14k b/d below the previous seven-day period, when runs reached a three-week peak.
- In the first 22 days of Jan, average daily crude processing was around 60k b/d below the December volumes.
- Over Jan. 16-22, Lukoil’s Volgograd refinery reduced its runs to around 250kb/d, the lowest since early December, potentially as a result of an incident on Jan. 15.
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