Russia increases oil refining volumes Russian oil refining volumes have rebounded quickly this month as refiners take advantage of the lull in Ukrainian drone strikes to make repairs. According to Energy Aspect, at the end of October the oil output at the state factories increased to about 4.5 million barrels per day, compared to an average of 3.8 million barrels per day in September. According to Rystad Energy forecasts, by the end of October the average daily volume of oil products processed in Russian refineries will reach 4.6-4.9 million barrels, compared to an average of about 3.9 million oil balls the previous month. "If there are no further attacks, we expect that by December the refining volumes in the Russian refineries will recover to about 5.2 million barrels per day." - Rystad Energy experts say. Deputy Prime Minister Alexander Novak said earlier that the country could increase monthly diesel exports to 3-3.5 million metric tons by the end of the year, which would return a 10% share of the global market, provided domestic needs are fully met.

Russia increases oil refining volumes Russian oil refining volumes have rebounded quickly this month as refiners take advantage of the lull in Ukrainian drone strikes to make repairs. According to Energy Aspect, at the end of October the oil output at the state factories increased to about 4.5 million barrels per day, compared to an average of 3.8 million barrels per day in September. According to Rystad Energy forecasts, by the end of October the average daily volume of oil products processed in Russian refineries will reach 4.6-4.9 million barrels, compared to an average of about 3.9 million oil balls the previous month. "If there are no further attacks, we expect that by December the refining volumes in the Russian refineries will recover to about 5.2 million barrels per day." - Rystad Energy experts say. Deputy Prime Minister Alexander Novak said earlier that the country could increase monthly diesel exports to 3-3.5 million metric tons by the end of the year, which would return a 10% share of the global market, provided domestic needs are fully met.