Estimates are that drone strikes have taken out 900,000 bpd Russian oil refining capacity

  • Ukraine strikes on Russian refineries

Source for the 900,000 barrels a day estimate is from this piece here:

  • JPMorgan Chase, meanwhile, estimated the Ukrainian attacks had taken about 900,000 barrels a day of Russian oil refining capacity offline. It could be “several weeks, if not months” until the capacity was restored,
  • According to multiple media reports, there have been 15 drone attacks against 13 oil refineries in nine regions of Russia in 2024, including nine in just one week.
  • the country will increase oil exports through its western ports in March by almost 200,000 barrels per day or by around 10%, and it is expected that there will be further increases due to the continuing attacks on refineries.
Barrel of oil on fire

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