>Russia's oil processing has fallen just 3% this year despite Ukraine's biggest drone attacks to date as refineries averted a steep decline in fuel production by leveraging spare capacity to offset damage from the strikes, sources said and data showed. — Reuters
>The three industry sources told Reuters that Russian refineries were running well below full capacity before the attacks and were able to mitigate their impact by restarting spare units at both damaged and unaffected plants as well as putting back into operation the attacked units after repairs. Russia has total refining capacity of around 6.6 million bpd, but industry sources say it is rarely fully utilised.
>More broadly, from January to October, oil processing fell to around 220 million metric tons (5.2 million bpd), down 3% from last year.
The sources spoke on condition of anonymity due to the sensitivity of the issue.