Russia’s oil output falls further below OPEC+ quota after Ukrainian strikes
Russia’s oil production fell in August, leaving the country increasingly far below its allotted OPEC+ quota after Ukraine stepped up attacks on the aggressor’s oil assets.
Russia's oil output declined further in August, falling significantly below its allotted quota within the OPEC+ agreement, according to new data released on August 7, 2026. Bloomberg reported that Russia produced an average of 8.718 million barrels of oil per day in August, a drop of 160,000 barrels from the revised July average and the largest monthly decline since oil production began decreasing in December 2025.
This output was also 1.17 million barrels below the level mandated by its agreement with OPEC+ partners. The reduction in oil production is attributed to the intensifying Ukrainian attacks on Russia's oil assets, particularly refineries and oil-export infrastructure. These strikes have forced refineries to reduce crude processing and hindered Russia's largest oil companies from exporting crude.
Ukraine's Defense Forces carried out at least 22 attacks on Russian oil refineries during August, forcing the Russian government to extend its ban on most diesel exports until September and resume gasoline rationing in some regions. Additionally, Ukraine targeted vessels and infrastructure at key Black Sea ports, including Novorossiysk, a major hub for Black Sea oil exports.
The Russian government had already anticipated a decline in oil production in 2026 due to reduced crude-processing volumes.
Written by urgent.news from New Voice of Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
