➡️ Russian refining throughput may have fallen from 5mmbpd in late October to ~3.5mmbpd following drone strikes on 8-9 m | Hanami
➡️ Russian refining throughput may have fallen from 5mmbpd in late October to ~3.5mmbpd following drone strikes on 8-9 major refineries.
➡️ The "diesel deal" shipments that have been made are loitering in the Atlantic, waiting for a buyer (we expect them to go to Brazil and elsewhere, but not the US).
➡️ Despite that, international diesel prices are falling at the same time, partly due to ramping volumes through the Strait of Hormuz.
#OOTT #Russia #Diesel
Retweeted by @staunovo from @RusOilGasExpert