Russian Oil Processing Falls Further After Norsi Refinery Mishap

  • Volumes dropped to 5.5 million barrels a day from Jan. 11-17
  • Norsi significantly cut gasoline output after unit was damaged
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Russia’s oil-processing volumes declined further, led by a loss in output from Lukoil PJSC’s Norsi refinery.

The nation processed 5.5 million barrels of crude a day from Jan. 11 to Jan. 17, down about 11,000 barrels a day from the average during the first 10 daysBloomberg Terminal of the month, according to a person with knowledge of industry data.