Russia's crude and condensate output rose in July, exceeding nine million barrels daily. Strong oil exports and refinery recovery supported this production increase. However, future output levels are unlikely to be maintained in August. Drone attacks on refineries and tanker capacity issues could force production cuts. Russia plans to boost crude exports from western ports despite potential disruptions.

MOSCOW, Aug 3 : Oil shipments from Russia's western ports are set to increase 4 per cent in August from July as drone attacks on domestic refineries make more crude available for…

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. …