FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Russian Ministry Says Fuel Production Back to Normal: BBC

OIL PRODUCTS

Russia’s Energy Ministry said the nation’s oil refineries have restored output of products to seasonal normal levels after an increase in output in April, the BBC reported.

  • “At the end of April, there was an increase in the production of motor fuels, designed to compensate for the volumes lost due to unscheduled repairs at refineries. In early May, the overall production of motor fuels returned to its previous level,” the ministry said, cited by the BBC.
  • Russia’s gasoline production in the seven days to May 5 is down 4.4% on the week at 780.6k mt, according to Rosstat, cited by Bloomberg.
  • Russia’s refinery output fell during the spring following attacks on its facilities by Ukrainian drones, as well as flooding.
  • Russia has an ongoing ban on gasoline exports to non-Eurasian Economic Union countries until Aug. 31, but may loosen that as the domestic market is now well supplied, Tass said May 7.
Energy BulletsHomepageBulletCommodities
Energy BulletsHomepageBulletCommodities

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.