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Russian oil refining expected to fall to multiyear low amid unplanned repairs and shutdowns caused by Ukrainian attacks

Russian refineries are expected to reduce oil processing in August to 4 million barrels per day, the result of unplanned repairs and shutdowns, writes the Kremlin-aligned business newspaper Kommersant, citing a forecast by the analytics firm Kpler. The forecast falls nearly 5% below July’s 4.2 million barrels per day and about 2.5% below that of June, when refinery runs had already fallen to a…

Russian oil refining expected to fall to multiyear low amid unplanned repairs and shutdowns caused by Ukrainian attacks

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