- Four-week average shipments soared to 3.62 million b/d in the week ending September 21, with volumes buoyed by the country’s refinery runs dipping below 5 million b/d for the first time since April 2022. - India remains the largest buyer of seaborne Russian oil, normally accounting for 1.6-1.7 million b/d of flows, however these volumes could rise to 2 million b/d soon with the additional barrels hitting the market. - Russia’s OPEC+ production quota has been rising by 105,000 b/d over the past months, with the September target standing at 9.449 million b/d after 9.344 million b/d in August. - Australia's leading oil and gas producer Santos (ASX:STO) reported first gas from its $4.5 billion Barossa LNG project, aiming for peak output of 850 MMCf/d by mid-2030s. Simultaneously to OPEC's ongoing assessment of members' total crude production capacity, Kuwait's Oil Ministry stated that it currently wields an oil production capacity of 3.2 million b/d, some 200,000 b/d higher than its year-ago assessments.