Commodities
Russia Oil Refining Curbed by Flood as Drone Damage Persists
- The nation processed 5.22 million barrels a day on April 11-17
- Flooding in Urals region has temporarily closed Orsk refinery
An oil refinery in Tuapse, Russia.
Source: Bloomberg
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Russian weekly oil refining is near an 11-month low as flooding hampers operations and repairs to plants affected by drone attacks slow down.
Russia processed 5.22 million barrels of crude a day April 11-17, according to a person with knowledge of industry data. That’s about 10,000 barrels a day, or 0.2%, below the average of the prior seven days, Bloomberg calculations show.