Russia's western oil exports to rise 4% in August on refinery disruptions
- Posted on August 3, 2026
- By Business News Today
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- 1 min read
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Russia's western oil exports to rise 4% in August on refinery disruptions
Russian oil shipments from western ports are set to increase by four percent in August. This rise is driven by domestic refinery attacks and strong Asian demand for crude. Exports from Baltic and Black Sea ports are projected to reach 2.7 million barrels daily. Ukraine's attacks on refineries have redirected more crude oil for export. Asian refiners are increasing purchases of Russian oil due to Middle East supply disruptions.
