Russia extends diesel export ban until end of October
The measure follows fuel shortages and refinery damage as Russia seeks to stabilize domestic supply during harvest season.
- On Wednesday, the Russian government extended its ban on diesel exports for producers through Oct. 31, citing the need to "maintain stability in the domestic fuel market" during the harvest season.
- Since the summer, Ukrainian drone strikes have forced Russian authorities to repeatedly curb fuel exports; the military claimed last week that strikes knocked out more than 45% of refining capacity.
- Gasoline prices have climbed 21% to $3.39 per gallon as of Sept. 14, and fuel rationing has been reintroduced in several Russian regions amid ongoing shortages.
- The Federal Anti-Monopoly Service announced on Wednesday it is investigating 58 cases of suspected price gouging by independent gas station chains across the country.
- Broader energy restrictions remain active, with jet fuel bans through November and gasoline export curbs through January, adding strain to a global market rattled by wars in Ukraine and Iran.
73 Articles
73 Articles
Russia extended until the end of October the ban on most of its diesel exports, further tightening the global market precisely when demand increases with the approaching winter in the Northern Hemisphere and at a time when the US also assesses restricting its external sales. Moscow imposed in July the ban on diesel exports by producers, amidst a wave of Ukrainian attacks on its refineries, which led to the processing of oil at minimum levels of …
Today, Wednesday, the Russian Government announced the extension of the temporary ban on the export of diesel and ship fuel until the end of next October.
The government is extending the ban on the export of diesel fuel for another month, another unpleasant surprise for the world market, especially for Europe, which depends more than anyone on imported petroleum products.
Russia has extended until the end of October its ban on the export of diesel fuel, exacerbating the tensions on the world energy market. This decision comes as Moscow negotiates an energy truce with Russia's...
Ruska vlada produljila je zabranu izvoza dizela za proizvođače do kraja listopada, istaknuvši da joj je je prioritet opskrba domaćeg tržišta, izvijestila je novinska agencija Interfax. “Odluka je donesena kako bis se održala stabilna situacija na domaćem tržištu goriva”, […] Objava Rusija produljila zabranu izvoza dizela, rafinerije im i dalje svakodnevno gore pojavila se prvi puta na Novi list.
Russia extends diesel export ban through October amid global fuel crunch: What it means for world energy market
Russia has extended diesel export restrictions through October to stabilise domestic fuel markets amid rising demand. This follows previous bans and is a response to reduced refining capacity due to conflicts, impacting global fuel supply and prices.
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