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Russia's oil refining near 11-month low

(Reuters) - Russia's weekly oil refining hit a near 11-month low due to flooding and a slowdown in repairs to plants that were hit by Ukrainian drone attacks, Bloomberg News reported on Monday.

"Russia processed 5.22 million barrels of crude a day April 11-17," the report said, citing a person with knowledge of industry data. It added that was about 10,000 barrels a day, or 0.2%, below the average of the prior seven days.

Russian refineries have suffered from Ukrainian drone attacks and technical outages while Moscow has battered Ukraine's energy system and cities in an airstrike campaign in recent weeks as the more than two-year war drags on.

Ukraine attacked eight Russian regions with dozens of long-range strike drones, setting ablaze a fuel depot and hitting three power substations in a major attack early on Saturday, an intelligence source in Kyiv told Reuters.

 

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