Major Russian oil refiners have told the Energy Ministry they expect to make deeper cuts to refinery runs in the coming weeks due to overstocking after a sharp drop in European buying, four sources familiar with the matter told Reuters. The country’s four largest refiners – Rosneft, Surgutneftegaz, Lukoil and Gazprom Neft – were among those who raised the issue during a meeting with government officials last Friday, the sources said. Additional refining cuts will be made on top of planned maintenance shutdowns, the sources added. The Energy Ministry, Rosneft, Surgutneftegaz, Lukoil and Gazprom Neft did not immediately respond to requests for comment. Russia’s idle primary oil refining capacity in March has more than doubled from an initial plan, rising to 3.753 million tonnes, according to Refinitiv […]