🌊✈️ Sevastopol, Russian aircraft fell into the sea!
Only oil matters and oil is measured by numbers, not feelings.
Russia’s refining capacity is about 5.6 million barrels/day. That is throughput. Crude comes in, petroleum products (like gasoline, diesel, kerosene (jet fuel), asphalt) go out.
Russia’s domestic consumption is 3.6 million barrels/day. BE AWARE WHEN READING ABOUT OIL that in a general sense, Russia denotes oil by tonnes. So tonns/year, not barrels/day — and this matters because not all oil is created equal. Some is denser and heavier than other blends.
Reuters calculations do not match mine. They say 14% of refining is offline. I have looked at how they did this and it is pretty clear they are declaring any refinery touched to be 100% offline and more important, that it has remained offline since that day. These are drones. They have tiny payloads. They cannot do enough damage to generate months of 100% shut down. My own estimate is about 4% offline on average for the last 2 months.
This is 224K barrels/day. This is just too small a number to be remotely significant.