Insights / News vs. Numbers

Russia’s refining stress mounts as it starts outsourcing refining? Kazakhstan’s Kondensat refinery to process Russian crude/condensate and send the products back

By the XAnalysts team

Members

Commodity
Diesel
Market Hub
Europe & Singapore
Price Indicator
Crack
Time Period
Immediate
Market Impact
Neutral

Russia is sending crude out and bringing products back —a striking new response to mounting refinery disruptions. Kazakhstan’s ~17 kbd Kondensat refinery is too small to move markets, but the model could . If this crude-out/products-back strategy expands to…

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