Russian oil refineries boost output as drone attacks halt after US-brokered deal: Reuters
Industry sources said refinery throughput rose to 5 million barrels per day after drone strikes eased, while diesel exports reopened under a U.S.-brokered deal.
- Russian refineries increased crude processing by roughly 25% in the second half of October, reaching around 5 million barrels per day after persistent drone attacks ceased following a US-brokered deal.
- President Donald Trump announced an "energy ceasefire" between Russia and Ukraine on October 11, halting drone attacks that had plagued refineries since mid-March and caused severe domestic fuel shortages and export bans.
- With exports partially reopened, refineries increased diesel output by at least 50,000 metric tons per day, reaching 225,000 tons daily, or about 1.7 million barrels per day, with around 80,000 tons available for export.
- Deputy Prime Minister Alexander Novak said on Tuesday that almost all required oil and gas equipment is manufactured domestically in Russia, enabling swift restoration of refinery units and supporting the production recovery.
- Authorities reported the last attacks occurred in Ryazan and Surgut in mid-October, with no further strikes recorded after October 16, allowing domestic processing to stabilize following months of volatility.
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Russia Lifts Diesel Export Ban, Ships First Loads to U.S.
Russian refiners have begun increasing diesel output following the government's shift from a strict export ban to a quota-based system, a policy change that has already facilitated the first shipments of Russian fuel to the United States. The shift in trade policy was implemented on October 10, replacing the hard export ban on diesel that had been in effect since July. Under the previous regime, oil companies were forced to curb production to ma…
Russian oil refineries boost output as drone attacks halt after US-brokered deal, sources say
Russian oil refineries increased crude processing by 25% in the second half of October compared to the beginning of the month after persistent drone attacks on the plants ceased, three industry sources told Reuters.
The Russian refineries are intensifying their production of diesel, after Moscow has allowed exports on special quotas for deliveries agreed with the United States. The mechanism gives oil companies the opportunity to increase their activity, under conditions where general restrictions on exports remain in force.
Russia increases diesel production after Trump deal – Reuters
The nation is already capable of supplying over 1 million tons of fuel to the global market per month, the news agency has said Russia has significantly increased production of diesel in the wake of an agreement reached between Russian...
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