Russian gasoline production has fallen behind the estimates of the Russian Ministry of Energy, with production for the first 18 days of June increasing only 2% to 108,000 tons per day, compared to the expected 7.2%, Kommersant reports. Additionally, maintenance work at key Russian oil export terminals caused export flows to drop to their lowest in over three months, although shipments have since resumed, writes JLeeEnergy. Despite these setbacks, Russian oil and gas revenue is projected to rise by more than 50% year-over-year in June to $9.4 billion, according to Reuters calculations. However, oil loadings from Russia's western ports in July are expected to decline by 23% month-over-month as refinery runs are anticipated to rise.
#OIL LOADINGS FROM #RUSSIA'S WESTERN PORTS IN JULY ARE SET TO DECLINE 23% MONTH OVER MONTH AS REFINERY RUNS ARE EXPECTED TO RISE #oott
RUSSIA OIL LOADINGS FROM WESTERN PORTS SET TO DECLINE 23% MOM AS REFINERY RUNS EXPECTED TO RISE: RTRS
RUSSIA OIL LOADINGS FROM WESTERN PORTS SET TO DECLINE 23% MOM AS REFINERY RUNS EXPECTED TO RISE: RTRS RUSSIA WILL CUT EXPORTS VIA WESTERN PORTS TO 1.5MM BPD DOWN ALMOST 500K BPD FROM JUNE: RTRS
⚠️ OIL LOADINGS FROM RUSSIA'S WESTERN PORTS IN JULY SET TO DECLINE 23% MONTH/MONTH AS REFINERY RUNS ARE EXPECTED TO RISE, SOURCES SAY
OIL LOADINGS FROM RUSSIA'S WESTERN PORTS IN JULY ARE SET TO DECLINE 23% MONTH OVER MONTH AS REFINERY RUNS ARE EXPECTED TO RISE - SOURCES.
#Russia: oil and gas revenues set to rise by 50% y/y in June, Reuters calculations show #oott https://t.co/i7gTHWc4Jc
Russian oil and gas revenues set to rise by 50% y/y in June, Reuters calculations show https://t.co/YrcnEwgLYa via @Reuters https://t.co/Yhy8rEJ1cl
⚠️ RUSSIAN OIL AND GAS REVENUE TO RISE BY MORE THAN 50% Y/Y IN JUNE TO $9.4 BILLION, REUTERS CALCULATIONS SHOW
RUSSIAN OIL AND GAS REVENUE TO RISE BY MORE THAN 50% YOY IN JUNE TO $9.4 BILLION - CALCULATIONS.
Russia’s Oil Exports Drop the Most in Three Months on Port Works - BBG https://t.co/xs96Coo5VM
Maintenance work at key Russian oil export terminals slashed export flows last week to the lowest in more than three months. But the slump won't last, shipments have already resumed, writes @JLeeEnergy https://t.co/l9hmJTOsnR
Partial data on #Brazil's oil and natural gas production in May points to an increase in volumes compared to April, reverting a series of five consecutive monthly declines, oil and gas regulator ANP told Reuters #oott https://t.co/juIYoRPHsM
Chevron flags second-quarter production impact at TCO, Gulf of Mexico assets #oott https://t.co/3ay1JbGJG4
#Russia: gasoline output lags June expectations, Kommersant reports #oott https://t.co/usoJj6CC3o
Russian gasoline production is behind the estimates of the Russian ministry of Energy while summer demand is rising. Production for the first 18 days of June is up only 2% to 108 000 tons per day and not the expected by the ministry 7,2%. https://t.co/qupK8qq2If