Fire at an oil depot in Russia’s Bryansk region caused by a Ukrainian drone
Russian refining under siege
Ukraine is striking deeper into Russian territory as it seeks to disrupt its enemy’s oil supplies, but the impact remains limited
The first two months of 2024 have seen Ukraine increase the range and frequency of drone attacks on Russian oil infrastructure, but while refining runs have taken a temporary hit, the impact on fuel supply should not be overstated. Ukraine has ramped up drone strikes against Russian oil refineries significantly in recent months. These attacks aim to divert military and economic resources away from the war, gain knowledge of Russian air defence systems and improve on drone designs and tactics. The impact on Russian fuel production should not be overstated, however. The drones being used carry only small payloads, and many of the facilities targeted so far were originally built during the Cold
Also in this section
2 April 2025
At some point it is likely that $70/bl will be quietly accepted as the producer-consumer sweet spot for a US administration having to balance both sides of the ledger
1 April 2025
There is method to the US president’s apparent madness, and those seeking to understand need look no further than their local bookshop
1 April 2025
Strong economic growth targets are encouraging for the country’s energy demand growth, even if meeting those goals might be a tall order
28 March 2025
The Central Asian country is positioning itself as a low-carbon leader, but antiquated infrastructure and a dependence on Russia are holding it back
