Russian Refiners’ Oil Processing Rates Rise as Repairs Pass Peak
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Russia’s oil refineries have been accelerating their crude-processing rates, offering further evidence that the peak of spring maintenance has now passed.
Primary processing rates averaged 5.29 million barrels a day in the first week of June, according to a person familiar with the matter. That’s more than 94,000 barrels a day higher than in prior seven days, when nation’s refineries started to ramp up.