Home Oil & Companies News Russia’s Oct idle primary oil refining capacity estimate revised up 9% -Reuters calculations

Russia’s Oct idle primary oil refining capacity estimate revised up 9% -Reuters calculations

Russia’s Oct idle primary oil refining capacity estimate revised up 9% -Reuters calculations

Russia is expected to have 3.464 million tonnes of primary oil refining capacity offline in October, a weekly estimate based on Refinitiv Eikon data and Reuters calculations showed on Friday, up 9.1% from last week’s estimate.

That is still be lower than the previous month, with many plants expected to finish maintenance.

Expected idled refining capacity for September was estimated at 3.943 million tonnes, down 7.9% from last week’s estimate.

The revisions follow adjustments to maintenance schedules by some refineries.
Source: Reuters (Reporting by Maxim Nazarov; writing by Vladimir Soldatkin; editing by Jason Neely)

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