AGP Executive Report
Last update: 9 hours agoOil and Refining: Russian crude is trading at a record premium over Brent as Asian buyers seek nearby supplies amid higher shipping costs. Ukrainian strikes reportedly damaged oil infrastructure at Ust-Luga and sparked a fire at Omsk, home to Russia’s largest refinery; the extent of damage at Omsk remains unclear. Reuters has reported that nearly a third of Russia’s refining capacity is out of operation. Agriculture: Russia has harvested about 140 million tonnes of grain so far in 2026, including more than 95 million tonnes of wheat. Oilseed output has reached 34.8 million tonnes, up 13% year on year. Sanctions: EU ambassadors backed 145 new listings targeting Russia’s financial system, energy firms, shadow fleet and alleged disinformation activity; ministers are expected to approve them on November 16. Steel: Russian steel production fell 1.9% in October, according to published statistics.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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