Russia's oil production saw an increase in July, rising by about 100,000 barrels per day compared to June. Total output exceeded 9 million barrels per day.
The boost was supported by higher refinery utilization rates and strong crude export volumes.
However, maintaining this level of production in August is likely to be challenging due to new attacks on oil refineries and ongoing export logistics problems.
More on Commodities
Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.
Market sentiment intelligence for apps, funds & agents
Location
729 55 Ave SW
Calgary AB T2V 0G4
Canada
© 2026 Guavy Inc
