SGRussian oil exports from western ports are expected to rise by 4% in August compared to July, reaching approximately 2.7 million barrels per day, according to trader reports. This increase follows reduced processing capacity due to Ukrainian attacks on Russian refineries and heightened demand in Asian markets, particularly India and China, which have turned to Russian oil amid Middle East supply disruptions through the Strait of Hormuz. Despite this, export volumes could still be limited by ongoing strikes and a shortage of shipping capacity. In July, exports from these ports fell to 2.6 million barrels per day due to continued disruptions at the Novorossiysk port. The Urals crude price differential for deliveries to India has improved to between -$2 and -$3 per barrel relative to Brent, reflecting stronger demand.
Bias read (Center): The article presents balanced reporting on the factors influencing Russian oil exports, including both the impact of Ukrainian attacks on refining infrastructure and the increased demand from Asian buyers. It cites multiple sources (traders, Reuters) without overtly favoring any particular political
