Ukrainian Drone Attacks Drag Russia’s Refining Rates Down by 380,000 Bpd

Russia’s oil refinery rates have slumped this month by 380,000 barrels per day (bpd) compared to December levels as several refineries are under repairs after being hit by Ukrainian drone attacks. Russian refinery rates slipped to 5.16 million bpd in the second week of February, a source familiar with industry data told Bloomberg on Monday. The decline compared to the December average – before Ukraine started targeting refineries with drones – has been nearly 380,000 bpd, per Bloomberg’s calculations.   So…