Data from industry sources showed that Russia's seaborne petroleum products exports for January 2026 increased by 0.7%, compared to December, at 9.12 millions metric tons. This is due to a seasonal decline in domestic demand and high fuel production.

According to data, oil exports from Russian Baltic port -- Primorsk Vysotsk St. Petersburg Ust-Luga -- increased by 12% on a month-over-month basis to 5.88 million tons. Market sources reported that the rise in fuel oil exports was due to a combination of increased diesel loadings at Primorsk port and higher fuel oil shipments out of Ust-Luga.

The data revealed that the export of oil products from Black Sea and Azov Sea ports dropped by?18% in January from the previous month, to 2.497 millions tons, as drone attacks caused damage to local refineries and port infrastructure.

Exports were up 2.7% in December from Novorossiysk, but Tuapse saw a 57% drop in loadings. On December 31, a drone attack from Ukraine damaged a port berth at Tuapse, as well as refinery equipment in the nearby Rosneft controlled?Tuapse refinery. The refinery exports most its output. About two weeks after the drone attack, oil products were loaded at Tuapse's?port by rail. The refineries controlled by Rosneft supplied this product.

Exports of oil products from the Arctic ports of Murmansk & Arkhangelsk increased to 61.200 tons in January, up from only 9.800 tons the previous month.

Data from industry sources revealed that fuel export loadings at Russia's Far East port fell 11.2% in December, to 0.682 millions tons.

(source: Reuters)