
Russian oil and petroleum exports fell in August 2026, while export revenues rose due to higher prices.
Russia's oil and petroleum product exports dropped by 410,000 bpd to 6.44 mbd in August 2026, while export revenues rose by $330 mln to $13.87 bln amid higher prices, according to the IEA.
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The International Energy Agency tracks global energy markets, including Russian oil production and export figures.
MOSCOW, September 11. /TASS/. Russia’s exports of oil and petroleum products fell by 410,000 barrels per day (bpd) in August 2026 to 6.44 mln barrels per day (mbd), the International Energy Agency (IEA) reported. Meanwhile revenues from export supplies increased by $330 mln month-on-month to $13.87 bln due to growth of prices for oil and petroleum products.
Oil deliveries from Russia decreased by 330,000 bpd in August, while supplies of petroleum products went down by 80,000 bpd.
Revenues from oil exports totaled $11.28 bln last month, which is $370 mln higher than in July, while revenues from exports of petroleum products amounted to $2.59 bln (down by $40 mln compared with July).
The price of Russian Urals FOB Primorsk grew by $8.84 to $62.02 per barrel, according to the report.
Russia’s revenues from oil exports this August were $320 mln higher than in the same period last year.

ECB head Christine Lagarde warned of a worsening inflation situation in the eurozone. According to forecasts, inflation will continue to rise until the end of 2026, and the regulator intends to achieve the target of two percent by the end of 2028.

Russia's income from the export of oil and petroleum products in August increased to $13.87 billion, despite the reduction in supplies abroad. The International Energy Agency reports this.

In Germany, the number of corporate bankruptcies in the first half of the year reached its highest level since 2013, increasing by 6.7%. The transport and service sectors were hit the hardest, and the number of bankruptcies of citizens also increased.

OPEC+ oil production fell by 980,000 bpd in August 2026, reaching 27 million barrels per day and remaining significantly behind planned levels, according to the IEA.

The cessation of Russian gas supplies and the energy crisis cost the German budget 50.4 billion euros, according to the German Ministry of Finance. Direct government assistance amounted to about 600 euros per resident.

In Germany, in the first half of 2026, the number of business bankruptcies increased by 6.7 percent compared to the same period in 2025, reaching 12.8 thousand companies, Destatis reports.