Russian Ban and Possible U.S. restrictions... Is the Diesel Market Entering a Global Deficit?
6 Articles
6 Articles
The global diesel supply crisis is exacerbated by continued Russian restrictions and possible restrictions on United States exports, which threaten to increase fuel, transport and food prices and open up opportunities for Arab refineries.
A US ban on sending diesel to Europe could cause prices to rise sharply and would hit far more than diesel car owners, sending prices for goods and transport skyrocketing. At the same time, Sweden is now reintroducing some of its petrol and diesel taxes.
The pressure on the diesel market may increase further. President Donald Trump is threatening a continued export ban from the US. Russia has also decided to extend its export ban.
Fuel is threatened by poorer availability and rising prices. The limited availability of refined petroleum products, including automotive fuels, could worsen further and lead to higher prices, market participants believe. fuels, commodity market, Middle East, Politics, Geopolitics, Russia, USA, Europe, Donald Trump, CIRCLE K EESTI AS.
The pressure on the diesel market may increase further. President Donald Trump is threatening a continued export ban from the US. Russia has also decided to extend the country's export ban. From today, Thursday, Swedish diesel drivers will experience how it will become more expensive at the gas station. The tax on gasoline will now be increased by 1.03 kronor per liter including VAT. Diesel will also become 40 öre more expensive as a result of t…
Many refineries in the Middle East and Russia have been destroyed, global oil reserves are sinking, and US President Trump is considering diesel export restrictions.
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