In recent days, the Russian Federation has faced a severe fuel shortage after several key oil refineries were put out of operation due to attacks by Ukrainian drones.
This is reported by Finway
Shutdown of Rosneft Refineries and Export Reductions
The Novokuibyshevsk refinery of Rosneft halted oil processing on August 2 following a drone attack. Prior to this, the facility processed about 18,000 tons of raw material daily. The company’s largest refinery, the Ryazan refinery, was also forced to cut production by 50% due to a similar attack. This marked the first instance of a strike on a major Russian oil refinery since March 2025.
Preliminary estimates suggest that daily capacity losses for the Russian market could reach 40,000 tons. Recovery efforts may take from one to six months, significantly complicating the situation in the fuel market.
Record Surge in Fuel Prices
Amid the shutdowns, on August 4, prices for A-95 gasoline on the St. Petersburg International Commodity Exchange surged to 77,000 rubles (964.6 USD) per ton, surpassing the previous historic high of 76,900 rubles. The price of A-92 increased by 1.2% to 66,640 rubles per ton, while diesel fuel rose by 0.5% (to 58,130 rubles).
“Oil companies had to redirect additional volumes of gasoline to the domestic market to stabilize the situation, reducing exports.”
At the same time, Ukraine continues to exert pressure on Russia’s energy infrastructure: on August 4, another drone attack was carried out on the Rosneft-Kubannefteprodukt oil depot in the Russian city of Adler.