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Signal · Commodities & Input Costs

Russian Crude Exports Drop to Lowest Since May

Oilprice.com Trade press Published 11th August 2026 Global

What the source reported

Source-reported

Russia’s seaborne crude exports fell to their lowest level since May as recovering refinery runs pulled barrels back into domestic processing and attacks disrupted loading at key ports. Russia shipped 3.71 million barrels per day in the four weeks through August 9, according to vessel-tracking data compiled by Bloomberg. Shipments averaged just 3.25 million bpd in the latest week, down from 3.5 million bpd a week earlier. The drop comes just days after industry sources said Russian crude and condensate production rose by roughly 100,000 bpd…

Publication
Oilprice.com · Trade Publication
Published
11th August 2026
Original report
oilprice.com

ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.

What ProcIntel recorded

ProcIntel-derived
Category
Commodities & Input Costs
Geography
Global
Organisations
None identified
Collected
11th August 2026 · 18:55

Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.

Significance 2 · Moderate
Confidence 2 · Low

Initial Significance Moderate (26.0/100). Strongest contributor: Procurement Impact (12.0/30 points). Limiting factor: Likely Event Severity (3.0/30 points). Initial Confidence Low (32.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Corroboration (2.5/25 points).

Strongest contributor
Procurement Impact
Limiting factor
Likely Event Severity