Exclusive-Russian Oil Refining Rises as US Sanctions Target Crude Exports - Sources
Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which stands at $100 per barrel - still leaves room for a profit. Russian diesel currently trades at around $75 per barrel. They also note vessel availability is higher for fuel than for crude.
Ukrainian drones strike one of Russia's largest oil refineries
Ukraine has hit one of Russia’s biggest oil refineries in a drone strike overnight, Russian media reports have said. Large flames and plumes of smoke rose from the Ryazan Oil Refinery after locals reported explosions shortly before 1am on Sunday,
Russia's Ryazan oil refinery halts operations after drone strikes, sources say
Russia's Ryazan oil refinery has suspended operations after an attack by Ukrainian drones late last week, two industry sources told Reuters on Monday.
Russia's Ryzan Oil Refinery Halts Operations After Drone Strikes, Sources Say
Ryazan oil refinery processed 13.1 million metric tons (262,000 barrels per day), or almost 5% of Russia's total refining throughput in 2024. It produced 2.2 million tons of gasoline, 3.4 million tons of diesel, 4.3 million tons of fuel oil and 1 million of jet fuel, according to a source-based data.
Russia's Ryazan oil refinery suspends operations after drone strike, Reuters reports
The Ryazan Oil Refinery in Russia has suspended operations due to damage from Ukrainian drone attacks, Reuters reported on Jan. 27, citing two industry sources. Ukraine confirmed hitting the plant in an overnight drone strike on Jan.
Ryazan oil refinery stopped after Ukrainian drone attacks
According to the sources, the attack resulted in a fire at the oil storage facility, damaging several structures, including a rail overpass and a hydrocracking unit used to remove impurities from petroleum products.
Goldman Says Cheap Oil, High Freight Keeps Russian Crude Flowing
Sweeping US sanctions on Russia’s oil industry are unlikely to result in a “large hit” to production, as higher freight rates ...
Ukraine Sends Volley of Drones at Russia, Hitting Oil Refinery
Videos showed fireballs over a facility in Ryazan, 110 miles southeast of Moscow. Kyiv is seeking to disrupt Russian military ...
Crude Oil Prices11d
Russia’s Fuel Shipments Slumped by 9% in 2024
Russia's seaborne exports of refined oil products fell by 9.1% in 2024 due to drone attacks on refineries, export bans, and ...
Trump wants OPEC to bring down oil prices. That could hurt America's booming energy industry.
"You've got to bring down the oil price, you've got to end that war. They should have done it long ago," President Donald ...
US sanctions’ impact on Russian oil trade showing, Indian refiners seek more oil from Middle East
Industry officials maintain that enough oil supply is available in the global market and replacing the lost Russian oil ...