News
Russian refineries began to shut down due to unprofitability,
Ukrainian drone strikes, the devaluation of the ruble and the fall in world prices for finished fuel have made Russian refineries unprofitable.
A number of Russian oil refineries were forced to stop operations due to unprofitability in the face of rising crude oil prices and Ukrainian drone strikes. Reuters writes about this, citing its own sources in the industry.
Five sources at the companies that operate Russian refineries say three plants – Tuapse, Ilsky and Novoshakhtinsky – have suspended or reduced production in recent months.
“The closures highlight the struggles of the Russian oil refining industry, which has been hit by Ukrainian drone attacks and Western sanctions against Russia that are forcing refiners…
