Published by Global Banking & Finance Review®
Posted on September 10, 2025
2 min readLast updated: January 22, 2026
Add as preferred source on GoogleRussia raises September oil exports by 11% to 2.1 million bpd due to reduced local demand, impacting the Indian market and overcoming refinery challenges.
MOSCOW (Reuters) -Russia has revised up its September crude export plan from western ports to 2.1 million barrels per day (bpd), an 11% increase from the initial schedule, as drone attacks on domestic refineries reduce local demand for crude, two industry sources and Reuters calculations showed.
Shipments from the ports of Primorsk, Ust-Luga, and Novorossiisk are now expected to rise from 1.9 million bpd in the preliminary plan and also from 2.0 million bpd exported in August.
The increase in Urals crude supply is expected to meet extra spot demand in India, where purchases of the grade declined in August, but remain strong despite Western sanctions. Indian Finance Minister Nirmala Sitharaman said last week that Indian companies would continue buying Russian oil.
The spot supply of Russian oil has not changed from earlier, the head of finance at Indian Oil Corp, the country's top refiner, said earlier this week.
Since late August, several Russian facilities have been hit, including Rosneft’s Ryazan refinery early in September and Kuibyshevsk refinery, which halted operations on August 28. Fires also recently broke out at the Afipsky and Krasnodar refineries after Ukrainian drone attacks.
(Reporting by Reuters; Editing by Kirsten Donovan)
Russia has revised its September crude export plan from western ports to 2.1 million barrels per day, which is an 11% increase from the initial schedule.
The revised September exports of 2.1 million bpd are an increase from the 2.0 million bpd exported in August.
The increase in Urals crude supply is expected to meet extra spot demand in India, where purchases of the grade declined in August but remain strong despite Western sanctions.
Several Russian facilities have been hit by drone attacks, including Rosneft’s Ryazan refinery and the Kuibyshevsk refinery, which halted operations on August 28.
The head of finance at Indian Oil Corp stated that the spot supply of Russian oil has not changed from earlier assessments.
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