Russia's seaborne oil products exports soar 17% in Dec amid higher fuel output, data shows

Russia's oil product exports surged in December, showing a 17% increase from November. This rise was fueled by greater output and lower domestic consumption. Shipments from Baltic and Black Sea ports saw significant gains. However, overall exports...

Reuters
Crude oil terminal in Russia
Moscow: Russia's seaborne oil products exports in December ‍were up by 17% from November at 9.069 million metric tons, ⁠driven by higher fuel output and a seasonal decline in domestic demand, data from industry sources and Reuters calculations showed.

The oil products ‌exports from ‌Russian Baltic ports - Primorsk, Vysotsk, St. Petersburg and Ust-Luga - increased 8.2% month ‌on month to 5.253 million tons, according to the data.

The rise was mainly supported by higher diesel loadings from Primorsk, market sources said.


The oil products export shipments from ​the Black Sea and Azov Sea ports ​jumped 42.6% to 3.038 million tons as refineries restored ‌fuel ‍production after unplanned outages caused by drone attacks, ‍the data showed. Exports from Novorossyisk were ‌up 18.5% from November, while Tuapse boosted loadings by 153%.

Rosneft-controlled Tuapse oil refinery, which exports most of its output, restored oil products export supplies on November 21 after a two-week suspension following a Ukrainian drone attack, lifting December export volumes.

Oil product exports ‍from the Arctic ports of Murmansk and Arkhangelsk dropped 83.5% in December to only 9,800 ‍tons, down from ⁠57,400 tons the ⁠previous month.
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Fuel export loadings at Russia's Far East ports rose by 9.6% from November to 0.768 million tons, data from industry sources showed.

Overall in 2025, Russia's seaborne oil product exports were down 5.6% from 2024 to 107,166 million tons as drone attacks disrupted domestic refinery operations and damaged port infrastructure, according to market sources and Reuters calculations.
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