Russian Oil & Gas: November Snapshot

Ukrainian Drone Strikes Drive Russian Oil Processing to 16-Year Low, Prompting Jet Fuel Export Ban

Ukrainian drone strikes on Russian energy infrastructure hit a record high in May, causing Russian crude processing to fall to a 16-year low

Russian Stocks Hit Three-Year Low as 15-Week Losing Streak Deepens

Russian stocks plunged over 4% on June 22, with the MOEX index falling below 2,368 points for the first time since March 2023, extending a 1

Russian manufacturing PMI downturn eases as output returns despite weaker demand

Russia permits lower-grade Euro-3 gasoline production amid fuel shortage from Ukrainian drone strikes

Russia has authorized its oil refineries to produce lower-quality Euro-3 gasoline through the end of 2024, as Ukrainian drone attacks on Rus

EU Spent €2.3 Billion on Russian Fossil Fuels in May, Ranking as Fourth Largest Buyer

The European Union was the fourth largest buyer of Russian fossil fuels in May 2026, spending €2.3 billion ($2.62 billion), which accounted

Russia considers fuel imports and subsidies as Ukrainian drone strikes cripple oil refineries

Russia is considering fuel imports and price subsidies to address a worsening gasoline and diesel shortage caused by Ukrainian drone strikes