EnergyReader · 2026-08-09 10:55

Russian Refinery Runs Hit 24-Year Low as Urals Export Surplus Builds

By EnergyReader Newsroom · August 9, 2026

Russian crude processing fell in July to its lowest monthly level since May 2002, with refineries running an estimated 3.6 million barrels per day, roughly one-third below the seasonal average, according to The Moscow Times reporting Bloomberg data. Ukraine's expanded drone campaign, which spread from refineries to tankers, pipelines and export infrastructure, drove the outage.

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