Brazilian Buyers Balk at Price of Russian Diesel Shunned by U.S. Importers – Bloomberg
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8 Articles
The prices offered by the Russian side were unprofitable, and diesel from the United States would be cheaper.
Brazilian Buyers Balk at Price of Russian Diesel Shunned by U.S. Importers – Bloomberg
Russian fuel exporters are struggling to find buyers in Brazil for diesel originally bound for the United States, with Brazilian traders saying U.S. supplies would cost less, Bloomberg reported Tuesday.
The prices offered by the Russian side are unprofitable.
After the United States experienced problems with Russian diesel supplies, Russian oil exporters offered the fuel to buyers in Brazil, Bloomberg reports. However, the prices offered to local traders turned out to be unattractive.
Brazilian importers do not agree on the proposed price, and Ukrainian strikes again restrict the work of Russian refineries
Brazil has also refused to buy Russian diesel, which was agreed upon between US and Russian Presidents Donald Trump and Vladimir Putin but never reached the US market. The reason is that the price is too high, Bloomberg reports.
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