Russia increased oil exports by 7% Oil and gas condensate exports from Russia to non-CIS countries in January-September 2026 increased by 6.9% year-on-year to 4.8 million barrels per day (b/d), according to an Argos review. The volume of supply increased by 11.7 million tons, to 180 million tons. The agency's calculations are based on data from Vortexa, Kepler and market participants. As the agency notes, exports increased due to the redirection of some raw materials from the local market due to planned and unplanned repairs at refineries: "Delivery began to significantly exceed the previous two years starting in May. Sea shipments to China in September compared to August increased by 13.6%, to 1.68 million per day, and reached the maximum since January. Growth was made possible by the restoration of processing in China and increased supply along the Northern Sea Route. Shipments to India fell 13.6% to 1.8 million barrels per day, amid partial restoration of the Strait of Hormuz passage, which allowed Indian refiners to increase oil purchases from the Middle East.