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How is Russia’s refinery modernization plan impacting heavy products markets?

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Listen: How is Russia’s refinery modernization plan impacting heavy products markets?

This year Russian refinery upgrades have well and truly kicked in, after some delays, leading to a significant fall in fuel oil exports to Europe, and a shift towards higher-sulfur Vacuum Gasoil. S&P Global Platts' Ned Molloy, managing editor of fuel oil, interviews Jelena Grigorjeva, feedstocks and derivatives editor, and Elza Turner, refinery specialist, on the current situation, and what it means for downstream European feedstocks and fuel oil markets.

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