Russian Oil Update – Drones, Output, Exports, and Diesel Bans
We explore the current state of Russia’s crude production, refining output, overall exports, the proposed diesel export ban, and the drone campaign affecting all of the above.
Overview
The subject of this report was prompted by an Interfax report yesterday (May 26, 2026) that Russia is considering a full ban on diesel exports, not only for traders but for refiners, too. This is a measure only very rarely taken by the government, and its logic might be driven by a sharply-increased rate of drone …
