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Russia’s July petroleum output falls 19.3% year-on-year

Output declined for a sixth straight month as drone attacks on refineries weighed on production, though the drop narrowed from June’s 21.7% slump.

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David Chen · Commodities Desk · 30 Aug 2026 · 06:01 · 1 min read
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Russia’s July petroleum output falls 19.3% year-on-year

Russia’s petroleum and coke production fell 19.3% in July compared with the same month last year, marking a sixth consecutive monthly decline as Ukrainian drone strikes on refineries disrupted output, Rosstat data showed.

The year-on-year drop was smaller than the 21.7% decline recorded in June, indicating a modest improvement in the pace of contraction. On a month-on-month basis, output rose 5.6% from June to July.

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For the first seven months of the year, production was down 9.2% compared with the same January–July period in 2025, reflecting sustained pressure on the sector. Rosstat did not provide absolute production volumes in its report.

The decline follows repeated Ukrainian drone attacks on Russian oil refineries, which have curtailed processing capacity and constrained fuel output since early 2025. The latest data underscores the ongoing impact of the conflict on Russia’s energy sector, despite efforts to maintain operations amid sustained infrastructure damage.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
David Chen
Commodities Desk

David reports on energy, metals and agricultural markets, tracking how supply signals and safe-haven demand move prices across the commodities complex.

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