Russian Oil Refining Capacity Plummets 14.5%

  Russia’s oil refining capacity has decreased by 14.5% this month due to Ukrainian drone attacks and technical outages. The decrease in refining capacity could lead to higher crude oil exports as Russia lacks sufficient storage space. Russia has extended its ban on gasoline exports until the end of 2024 to maintain domestic supply stability. … Continue reading Russian Oil Refining Capacity Plummets 14.5%