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Russian Refinery Runs Near Lowest Since May 2023

REFINING

Russian refining has slipped to near an 11-month low as flooding impacts refinery operations adding to difficulties after the March drone attacks.

  • Russia processed 5.22 million barrels of crude a day April 11-17 according to a Bloomberg source, about 10,000 bpd, or 0.2%, below the average of the prior seven days.
  • During April as a whole, Russian refinery runs have averaged about 5.23 million barrels a day, near the lowest levels since last May.
  • The real impact on Russian refining came after a flurry of attacks in March against attempts which appear to have eased or been thwarted in April.
  • Floods in Russia’s Urals region forced the Orsk refinery offline April 7. In the latest reporting period, the facility didn’t process any crude according to a Bloomberg source.

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Russian refining has slipped to near an 11-month low as flooding impacts refinery operations adding to difficulties after the March drone attacks.

  • Russia processed 5.22 million barrels of crude a day April 11-17 according to a Bloomberg source, about 10,000 bpd, or 0.2%, below the average of the prior seven days.
  • During April as a whole, Russian refinery runs have averaged about 5.23 million barrels a day, near the lowest levels since last May.
  • The real impact on Russian refining came after a flurry of attacks in March against attempts which appear to have eased or been thwarted in April.
  • Floods in Russia’s Urals region forced the Orsk refinery offline April 7. In the latest reporting period, the facility didn’t process any crude according to a Bloomberg source.

Keep reading...Show less