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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 refinery rates have fallen to a near two-month low following Ukrainian drone strikes according to a Bloomberg source.
- Russia processed 5.41 mn bpd in the seven days through Jan. 31, the first full week showing the impact of Ukraine’s attacks. Its runs are 135,000 bpd below the average for most of December, according to Bloomberg calculations.
- Average Russian refinery processing in January was slightly higher than in the last week of the month, at 5.48mn bpd.
- The January average was about 60kbd lower than December.
- Novatek PJSC’s condensate processing plant on the Baltic coast and Rosneft PJSC’s Tuapse refinery near the Black Sea have been damaged by the attacks – both completely halted in late Jan.
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.
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