en.Wedoany.com Reported - Russia's seaborne oil product exports in May fell by 0.2% on a daily average basis compared to April, totaling 8.016 million metric tons, according to industry sources and Reuters calculations.

Ukrainian drone attacks continued to target key ports and major refineries, leading to a sharp decline in oil product loadings from Russia's southern port regions in May, though increased shipments from Baltic terminals partially offset the impact. Kyiv has recently intensified strikes on Russian energy facilities, while peace talks aimed at ending the Ukraine conflict have made no progress.

In May, several major Russian refineries were hit by drone attacks, including Lukoil's Norsi refinery, Rosneft's Ryazan refinery, and Surgutneftegaz's Kirishi refinery.

Traders noted that while fuel output at Russian refineries declined last month, export loadings were supported by rising global prices and accumulated oil product inventories following disruptions at port terminals caused by previous drone strikes. Data showed that oil product exports from Russia's Baltic ports—Primorsk, Vysotsk, St. Petersburg, and Ust-Luga—rose 11.3% month-on-month to 3.82 million tons in May, as loadings partially recovered after key terminals were shut down due to attacks.

In contrast, fuel exports via the Black Sea and Azov Sea ports fell 19.7% month-on-month to 3.03 million tons in May. Russia's Tuapse port on the Black Sea and the nearby Rosneft refinery were repeatedly targeted by Ukrainian drones in April and May, halting fuel production and export loadings.

Oil product exports from the Arctic ports of Murmansk and Arkhangelsk increased to 294,600 tons in May, up from 104,300 tons in the previous month. Data also showed that fuel export loadings from Russia's Far East ports rose 21.3% month-on-month to 875,200 tons in May.

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