Russia Oil Refining Curbed as Maintenance Follows Drone Strikes

  • Processing totaled 5.24 million barrels a day for April 1-24
  • Repairs after drone attacks overlap with seasonal maintenance

Rail wagons for oil, fuel and liquefied gas cargo stand at Yanichkino railway station in Moscow, Russia.

Source: Bloomberg
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Russia’s oil-processing rates remain under pressure as refineries, which have barely recovered from drone attacks, enter seasonal maintenance.

Refineries processed 5.24 million barrels a day in the April 1-24 period, according to a person with knowledge of industry data. That’s down slightly from March, when rates capped a third monthly decline.