Russian oil

Ukrainian FP-1 drones strike Russia’s largest oil-processing plant

Ukrainian Defense Forces struck Russia’s Omsk Oil Refinery, the country’s largest, with upgraded FP-1 long-range drones on Oct. 8, Ukrainian defense company Fire Point confirmed.

8 October, 07:23 PM

Indian refiners turn back to Middle East suppliers

Indian refiners have reduced purchases of Russian crude for November delivery as growing competition from China pushes up prices while alternative supplies from the Middle East become more readily available, Bloomberg reported on Oct. 8.

8 October, 01:19 PM

Samara oil hub hit twice in one week

Ukrainian forces struck Russia’s Samara oil depot and pumping station for the second time in a week, independent Russian outlet The Moscow Times reported on Oct. 7. The first strike on the facility occurred on Oct. 2.

7 October, 10:51 PM

Ilsky refinery in Russia’s Krasnodar remains offline, satellite images show

The Ilsky Oil Refinery in Russia’s Krasnodar Krai stopped operating after a Ukrainian drone attack on Sept. 26, with one of its processing units almost completely destroyed, open-source intelligence Telegram channel Dnipro OSINT reported on Oct. 5.

6 October, 03:14 AM

Up to $200 million worth of oil destroyed at Samara depot

Damage from Ukrainian drone strikes on the Samara crude oil depot could total about $200 million, accounting for the discount on Urals crude, according to an OSINT analysis published by Supernova+ via Telegram on Oct. 2.

3 October, 02:21 AM

Drone strikes shut down Perm oil refinery

The Perm refinery, Russia’s seventh-largest by oil-processing volume, halted operations after the most recent attack by Ukrainian drones, Reuters reported on Sept. 25, citing two industry sources.

26 September, 12:08 AM

Ukraine strikes could leave Russia with 30% less refining capacity for 18 months, IEA says

The International Energy Agency (IEA) has lowered its baseline forecast for Russian oil refining over the next 18 months to approximately 4 million barrels per day, or 30% below pre-invasion levels in 2022, Bloomberg wrote on Sept. 11, citing the agency’s monthly oil market report.

11 September, 07:54 PM

Russia’s oil output falls further below OPEC+ quota after Ukrainian strikes

Russia’s oil production fell in August, leaving the country increasingly far below its allotted OPEC+ quota after Ukraine stepped up attacks on the aggressor’s oil assets.

11 September, 12:14 PM

Russian oil revenues continue to slump

In August 2026, Russia’s revenue from oil sales fell to its lowest level in six months as export prices declined, putting additional pressure on the Kremlin’s wartime budget, Bloomberg reported on Sept. 3.

3 September, 07:55 PM

Russia cuts oil production forecast to 17-year low

Russia's government has lowered its oil production forecast for 2026 to a 17-year low and revised its fuel export projections for 2026 and 2027 downward, citing the impact of the war with Ukraine, Reuters reported on Sept. 1, citing a draft government forecast.

1 September, 06:28 PM

Oil exports from Russia’s western ports fall 15%

Oil exports from Russia’s western ports fell about 15 percent below planned volumes after Ukrainian attacks disrupted operations at Novorossiysk, Reuters reported on Aug. 19, citing industry sources.

19 August, 08:31 PM

Greek tanker carrying Russian oil attacked near Novorossiysk

A Greek tanker was attacked in the Black Sea on Aug. 16 after taking on a cargo of Russian oil, Bloomberg reported on Aug. 17, citing people familiar with the matter.

18 August, 12:37 AM

India's Russian oil imports hit record high in July

India's dependence on Russian oil rose to a record level in July, with supplies from Russia accounting for 50.83% of imports by the world's third-largest oil buyer and consumer, or 2.47 million barrels per day, Reuters reported on Aug. 14.

14 August, 11:12 AM

Explosion grounds Russian oil tanker near Oman

An explosion likely occurred Aug. 8 aboard the tanker Caroline Bezengi, forcing the ship to run aground off Oman's coast and creating an oil slick covering nearly 400 square kilometers, Reuters reported on Aug. 10.

10 August, 08:33 PM

Syria agrees to sharply cut Russian oil imports during U.S. sanctions talks

Syria has agreed to sharply reduce imports of Russian oil as part of ongoing talks with the United States on lifting remaining major sanctions, Reuters reported, citing three sources familiar with the negotiations on Aug. 4.

4 August, 04:52 PM

Russia's energy revenues surge 60% in July

Russian oil and gas revenues are set to rise 60 percent in July year-over-year, Reuters reported on July 23, citing own calculations.

23 July, 11:56 PM

Russian refinery subsidies jump sixfold in June

Payments from Russia’s state budget to refineries that supply the domestic market rose more than sixfold in June year-over-year, Bloomberg reported on June 3, as the government moves to ameliorate fuel shortages.

4 July, 01:20 AM

Georgia pivots away from processing Russian oil

The Kulevi Oil Refinery, Georgia’s only crude processing facility, will stop cracking Russian crude in the coming months, its owner, Black Sea Petroleum (BSP), announced on July 2.

2 July, 08:39 PM

Fuel rationing spreads further across Russia

Authorities in four more Russian regions, Yakutia, Bashkortostan, Primorsky Krai, and Krasnodar Krai, have announced gasoline and diesel rationing, independent newspaper The Moscow Times reported on June 29.

29 June, 09:43 PM

U.S. oil sanctions against Russia back in place, Kyiv says

The United States did not extend the waiver exempting Russian oil shipments from its sanctions regime, meaning that the restrictions are once again in effect, Ukraine’s presidential commissioner for sanctions policy Vladyslav Vlasiuk said on June 26.

26 June, 10:51 PM

Russian oil

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