... can expect that the growth in distillate inventories will help maintain prices at levels conducive to seasonal procurement. Refinery Utilization Rates Refinery utilization increased to 90.5%, which also indicates preparations for the winter season. Oil buyers can anticipate an increase in the supply of refined products and plan their purchases accordingly. Impact of Inventory Growth on Oil Prices and Investor Strategies Price Stability Amid Increased Supply For oil buyers, the rise in inventories and increased supply may stabilize market prices. The ...

... first nine months of 2024 decreased by 0.7% compared to the same period in 2023, to 155.6 million tons. The volume of crude oil deliveries to refineries, which decreased by 3.5% in the first seven months of 2024 to 135.2 million tons, according to CDU ... ... linked to unscheduled repairs at refineries, the completion of which is difficult to predict due to sanctions on the supply of refining equipment. This is the key difficulty of the current fuel crisis: in order to saturate the market, fuel production ...

... Tereshkin, CEO of the fuel marketplace "Open Oil Market" (Skolkovo resident), who spoke with RIA Novosti. The Ministry of Energy and the Ministry of Finance will work on existing and additional measures to maintain the profitability of oil refining, said Pavel Sorokin, first deputy minister of energy, on Wednesday. "To stop the rise in prices, not only prohibitions are needed, but also measures that would allow for an increase in the profitability of production and sale of petroleum ...

... negative trend for the Russian coal industry will benefit RZD’s position in discussions with regulators, while oil producers will have stronger positions with regulators compared to coal producers. The reason is simple: the oil and, to some extent, the oil refining industries contribute more to the Russian budget, particularly in terms of mineral extraction taxes (NDP) on oil, as well as to regional budgets, than the coal industry. This budgetary factor is very important in administrative bargaining....

... restrain producer prices. This is the difference from the gasoline and diesel market," Tereshkin added. Furthermore, according to the expert, price increases may also have been influenced by restrictions on the supply of foreign equipment for oil refineries. This has delayed the reactivation of secondary refining units that may have been out of operation. The share of expenses on jet fuel purchases for domestic flights has remained virtually unchanged, the Federal Antimonopoly Service (FAS) of Russia told RIA Novosti. "To reduce the volatility ...