On the night of July 13, the Russian city of Kstovo was hit by drone strikes. The target was a local oil refinery, reports Russian Telegram channels. Residents of Kstovo reported thick black smoke rising above the refinery.

European Union envoys are on the verge of agreeing an 18th package of sanctions against Russia for its full-scale invasion of Ukraine that would include a lower price cap on Russian oil, four EU sources said after a Sunday meeting.

Russia's seaborne oil product exports in June were down 3.4% from May at 8.98 million metric tons amid planned domestic refinery maintenance and strong domestic demand, data from industry sources and Reuters calculations showed.

A ‘VIABLE’ bomb found near a Russian-owned alumina refinery in Ireland is being probed by gardai who are investigating whether it was a direct reaction to Russia’s military invasion of Ukraine. On

Russian mid-sized oil producer Tatneft launched a new hydrocracking unit at its TANECO refinery, the company reported on Friday.

Russia's crude oil shipments have dropped to their lowest level since February, as rising refinery runs outpace production, reducing exports.

Ukraine's Defense Forces carried out a strike on the Saratovorgsintez oil refinery, which supplies fuel to Russian military units. — Ukrinform.

NEW YORK] Oil prices rose over 2 per cent on Friday (Jul 11) as the International Energy Agency (IEA) said the market was tighter than it appears, while US tariffs and possible further sanctions on Russia were also in focus.

Last Saturday, eight OPEC+ nations agreed to raise production by 548,000 barrels a day in August, taking advantage of strong summer consumption.

Russia's seaborne oil product exports in June were down 3.4% from May at 8.98 MM tonnes (t) amid planned domestic refinery maintenance and strong domestic demand.