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Russian diesel exports down by 25% after drone attacks on refineries - Bloomberg

18 April, 2024 Thursday
18:20

After drone attacks on Russian refineries, the country's diesel exports continue to fall, with a drop of about a quarter

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Bloomberg reports .

According to the data of the analytical company Kpler, Russia's supplies averaged 0.74 million barrels per day for the period of 10 days to April 13. This is about 25% less compared to the average for the same time of year between 2019 and 2023.

"Traders are watching what happens to Russia’s fuel flows carefully," the news agency notes.

The article emphasizes that the rate of oil refining in Russia has fallen to an 11-month low. In this regard, there is a possibility of redirecting all the crude oil that refineries are unable to process to the export market.

At the same time, Bloomberg notes that although the flows of raw materials have increased at the same time, there are practical limitations to the growth of supplies.

"The recent drone attack on a Russian oil refinery happened on April 2, but it would take time for any disruption at the plants to influence export flows," the article concludes.

  • On the morning of April 2, the authorities of the Russian Republic of Tatarstan, which is located more than 1,000 kilometers from Ukraine, reported a drone attack on enterprises in Yelabuga and Nizhnekamsk, allegedly resulting in casualties. It was reported that Ukraine’s Intelligence attacked a plant for the assembly of Russian Shahed-136/131 strike UAVs.

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