Refining runs rose to 754,800 tonnes per day during the period, up 1.2% from the average for January 2024. Despite the ...

The company noted that the discounts on Russian crude have now declined to $1-1.5 per barrel against the benchmark prices ...

Despite the latest round of sanctions by the US Treasury, Russia has managed to keep its four-week rolling average oil ...

Investors were weighing tariff threats and other policy measures from President Donald Trump, as well as his call last week for the Organization of the Petroleum Exporting Countries to boost ...

"The railway loading equipment has been damaged. There have been no railways loadings, they stopped oil processing," an industry source said.

Russian refineries are processing more crude oil in the hope of boosting fuel exports after new U.S. sanctions on Russian ...

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 ...

Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...

Russia's Ryazan oil refinery has suspended operations after an attack by Ukrainian drones late last week, two industry sources told Reuters on Monday.

Sweeping US sanctions on Russia’s oil industry are unlikely to result in a “large hit” to production, as higher freight rates ...

Ukraine has hit one of Russia’s biggest oil refineries in a drone strike overnight, Russian media reports have said. Large ...

Vast stretches of Russian coast have been tarred by heavy fuel oil from two freighters that foundered in a storm.