Moscow: Oil shipments from Russia's western ports are set to increase 4% in August from July as drone attacks on domestic refineries make more crude available for exports, while strong demand in Asia encourages sellers to load more, two traders said.
Exports from the Baltic ports of Primorsk and Ust-Luga, along with the Black Sea port of Novorossiysk, are set to reach around 2.7 million barrels per day in August, according to the preliminary data collected by traders.