Refineries
Russia cuts oil production to 8.7 million barrels per day following Ukraine strikes
In August, Russia reduced crude oil production to 8.718 million barrels per day, marking the largest monthly decline since December. This drop occurred against the backdrop of persistent Ukrainian attacks on Russian oil refineries and export…
Russian oil refining hits 20-year low in August 2026 due to refinery strikes
Throughout August 2026, Ukrainian forces conducted at least 21 strikes against Russian oil refining infrastructure. These attacks have pushed oil processing volumes to their lowest levels in over two decades, triggering a significant fuel shortage.
