Russia’s offline primary oil refining capacity is set to rise by 9.5% in June from May to 3.23 million metric tons, according to Reuters calculations based on data from industry sources.

Idle capacity for May has been revised down by 10.8% from the previous estimate to 3.04 million tons, the calculations showed. The downward revision for May was due to postponed maintenance on several Russian refineries.

A rise in idle capacity means that refineries use less feedstock to produce fuel, potentially making more crude available for export.
Source: Reuters