❗️Russian oil refining fell to 3.6 million barrels per day in July, down 150,000 barrels per day from June, according to Bloomberg.

❗️Russian oil refining fell to 3.6 million barrels per day in July, down 150,000 barrels per day from June, according to Bloomberg. The report says this is Russia's lowest monthly refining rate since May 2002. For comparison, Russian refineries processed about 5.59 million barrels per day in July 2021.