Russian oil refining falls to 21-year low after Ukrainian drone strikes – Bloomberg

According to Ukrinform, Bloomberg reported this, citing industry data.

According to EA Analytics, Russia has processed an average of 3.91 million barrels of crude oil per day since the beginning of the month, the lowest level recorded since March 2005. That’s more than 1.4 million barrels a day below the year-ago average, the data show.

The decline has prompted Russia to ban exports of most diesel fuel to the end of July, while restrictions on gasoline and jet fuel exports had already been introduced earlier.

Based on public statements from both Ukraine and Russia, Bloomberg estimates that Ukrainian forces have carried out around 50 attacks on Russian fuel production facilities over the past 100 days, striking at least 24 of Russia's 34 major oil refineries.

Ukrainian long-range drones are now capable of reaching targets more than 2,400 kilometers from the Ukrainian border. Earlier this month, they struck Russia's largest oil refinery, located in the Omsk region.

Bloomberg noted that the attack on the Omsk facility, which mainly serves the domestic market, put further pressure on supplies to Russian consumers. Multiple regions across the country — from Kaliningrad on the Baltic Sea to Russia’s Pacific Coast — are reporting disruption to supply, with hours-long lines at filling stations and rocketing pump prices

As previously reported by Ukrinform, gasoline prices in Russia have been rising sharply amid intensified Ukrainian long-range strikes on Russian oil refineries and other fuel infrastructure.