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Russia Continues High Levels of Crude Processing in Mid-December - Bloomberg

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Russia Continues High Levels of Crude Oil Processing in Mid-December - Bloomberg

Russia Continues High Levels of Crude Processing in Mid-December

- Refineries processed 5.65 million barrels a day on Dec. 14-20
- Daily runs fell by 50,000 barrels compared with prior period

The Novokuibyshevsk oil refinery plant, operated by Rosneft PJSC, in Novokuibyshevsk, Russia.Source: Bloomberg

Russia’s oil processing in the past week remained close to its highest daily refining runs in more than eight months amid decreased seaborne exports.

The nation’s refineries processed around 5.65 million barrels of crude a day from Dec. 14 to Dec. 20, according to a person with knowledge of the matter. That’s down some 50,000 barrels a day, or 0.88%, from the previous seven days, when average daily refinery runs reached the highest since early April.

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Russia Continues High Levels of Crude Processing in Mid-December

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