Oil Exports from Russia in April 2026 Hit a Low Due to Attacks on Terminals

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Oil Exports from Russia in April 2026 Hit a Low Due to Attacks on Terminals

From March 16 to April 12, 2026, the average daily volume of oil exports from the Russian Federation decreased to 3.22 million barrels per day, marking the lowest level since August 2025.

This is reported by Finway

Impact of Attacks on Infrastructure and Export Dynamics

Compared to the previous monthly period, from March 9 to April 5, average exports fell by 200,000 barrels per day. The main reason for the decline was the disruption of operations at the key export terminal “Sheskharis” in Novorossiysk, which was damaged in an attack on the night of April 5 and remained out of service for about five days. Meanwhile, the Ust-Luga export terminal on the Baltic Sea resumed operations, but this did not offset the overall decrease in supplies.

Revenue Growth Despite Volume Reductions

Despite the decrease in exports, Russia’s revenue from oil sales remains high and continues to grow due to rising global energy prices. During this period, Russia averaged $2.12 billion per week, compared to $2.07 billion in the previous month. A particularly notable increase in revenue occurred during the week from April 5 to April 12, when earnings reached $2.29 billion.

“Prices for Russian Urals oil from the Baltic have risen to $95.83 per barrel, while from the Black Sea, they reached $94.18. The price of oil already delivered to India is $126.34 per barrel.”

The main buyers of oil from Russia remain China, India, and Turkey. However, there is an increase in the number of tankers that conceal their actual destinations, instead indicating ports such as “Port Sudan” or “Suez.” This complicates tracking the real recipients of Russian oil.