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Ukrainian Strikes Take a Heavy Toll on Russia’s Oil Refineries
Market Intelligence Analysis
AI-Powered
Why This Matters
Ukrainian attacks on Russian oil refineries have resulted in significant losses for Russia's oil and gas sector, estimated to be around $12.9 billion in direct losses and up to $13 billion in total losses.
Market Impact
Market impact analysis based on bearish sentiment with 90% confidence.
Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Ukrainian attacks on Russian oil refineries cost Russia’s oil and gas sector as much as $12.9 billion (1 trillion Russian rubles) last year, according to a local insurance broker. Direct losses for the sector topped $1.3 billion (100 billion rubles) in 2025. If these are added to the indirect losses and missed sales and profits, the total losses for Russia’s oil and gas industry amounted to $13 billion, Yevgeny Borovikov, deputy CEO at insurance broker Mains, told Russian daily Kommersant. Last year, Russian insurers…
Original article published by
OilPrice.com
on February 9, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.