Moscow reportedly plans to raise its diesel export quota to 2 million metric tons in November as refinery output recovers and Russia prepares to meet its new fuel supply commitment to Washington.
The surprise announcement comes against the backdrop of a U.S. law seeking to impose steep tariffs against top purchasers of Russian oil and gas
Oct 29 - Russia will extend its diesel export ban until the end of the year while allowing some companies to ship fuel under a quota system to meet its new export commitment to the US, two people...
Oct 29 (Reuters) - Russia will extend its diesel export ban until the end of the year while allowing some companies to ship fuel under a quota system to meet its new export commitment to the...
Moscow and Washington agreed a diesel supply deal after Presidents Vladimir Putin and Donald Trump spoke by phone earlier this month.
The sanctions waiver also came as Washington had in the past pressured countries like India and China for maintaining trade ties with Russia and purchasing their oil.
More Russian fuel could soon enter global markets despite the backlash in Ukraine, Energy Secretary Chris Wright has said More Russian diesel fuel could enter global markets as part of a trade...
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