Gasoline production at Russia’s oil refineries slumped to the lowest level in 15 years in May as the country curtailed crude oil production as part of the OPEC+ deal and as lockdowns slashed demand for fuels, according to data from the Russian energy ministry and Reuters calculations. Russia’s volumes of primary oil processing dropped last month by 7.2 percent on a daily basis from April, while seasonal maintenance at some oil refineries also impacted crude processing and gasoline output volumes. In May, Russia banned…
