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Free AccessMNI BRIEF: Japan Q3 GDP To Be Slightly Revised Down
Russian Refinery Runs Slip
Russia’s weekly refining runs declined for the first time since late June due to repair works at smaller facilities according to Bloomberg.
- Processing rates averaged 5.6 million barrels a day in the week to July 19 - about 78,000 barrels a day down from the week before.
- Average crude-processing for the month through July 19 was 5.64 million barrels per day, up from roughly same period in June, when Russian refineries processed an average 5.46 million barrels per day.
- Russia has diverted higher volumes of crude into domestic refineries to bring down export volumes but exports of refined products like diesel have surged.
source: Bloomberg
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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.