Oil
Ukraine Has Hit Three Russian Refineries Since Friday
CEII brief
OilPrice.com reported on 2 Nov 2026: Ukraine Has Hit Three Russian Refineries Since Friday.
Read the full story on OilPrice.comA major oil hub in Russia’s Volga region appears to have caught fire after an attack, Bloomberg reported on Monday, citing satellite images from NASA’s Fire Information for Resource Management System.
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
43.1% of Russia’s merchandise exports were fuels in 2021Countries in this story
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