Russia Cuts Marine Diesel Exports by Nearly Half

© изображение сгенерировал ИИ

Russian oil companies have significantly reduced the export of diesel fuel overseas, despite the absence of an official ban on maritime exports, reports RBC citing data from the price index center.

According to the data for June 22-28, exports of light oil products from Russian ports decreased by 40% week-on-week, down to 27,000 tons per day. Last week, shipments were made only from the port of Ust-Luga in Leningrad Oblast (a region in northwestern Russia).

The drop in Russian fuel exports is causing concern in the global market, which is already being affected by the Middle East crisis.

• In Russia, more than 40 regions have introduced restrictions on fuel sales at gas stations due to supply disruptions. In response to the tense fuel situation in the country, the Russian government has allowed some refineries to supply gasoline of the "Euro-3" standard to the domestic market until the end of the year.