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Ukrainian Drone Attacks May Prompt Higher Russian Crude Exports

OIL

Russia may increase crude exports because of lower refinery processing rates according to Tass reports of Russian First Deputy Energy Minister Pavel Sorokin.

  • The comments come following repeated Ukrainian attacks on Russian infrastructure that is potentially impacting 10% of capacity according to DNB reports earlier this week.
  • Russia’s domestic market is reported to be well supplied for both gasoline and diesel.

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