Free Trial
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.
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.
Source: Bloomberg
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok