Russian oil loadings from its western ports of Primorsk, Ust-Luga and Novorossiisk were set to drop to 8.74 million tonnes in August from 9.16 million tonnes in July, according to export data obtained by three trading sources.

On a daily basis oil loadings from the Russian ports will decline nearly 5per cent  in August from the July plan, Reuters calculations showed.

Urals oil exports from Baltic ports of Ust-Luga and Primorsk were set at 6.2 million tonnes for August, down from 6.7 million tonnes in July, according to the sources.

Urals and Siberian Light oil loadings from Black Sea's Novorossiisk were set at 2.54 million tonnes this month, down from 2.46 million tonnes in July, the sources said. - Reuters