News · CafeF

Russian Deputy PM: First three oil tankers heading to US East Coast

Russian Deputy Prime Minister Alexander Novak said the first three diesel tankers have set off for the Atlantic East Coast of the US, with substantial support from the Russian Direct Investment Fund (RDIF), as Moscow and Washington finalize diesel supply contracts. Russia decided to lift its diesel export ban earlier than planned and is ready to supply 300,000 tonnes in October, 500,000 tonnes in November and 1 million tonnes in December. After that, monthly diesel exports could reach 3 million tonnes, 10 times the October level. The first Russian tanker, carrying 40,000 tonnes, left for the US on 22/10.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Phó Thủ tướng Nga: Ba tàu chở dầu đầu tiên đang hướng về Bờ Đông Hoa Kỳ

Read the original on CafeF ↗

Keywords

Russiaoil pricesexportsfuel prices

Open a keyword to see other news on the same topic.

Related news

  • Russian Oil Exports by Arctic Route Jump Amid World Freight Crisis

    Russia's oil exports via the Northern Sea Route (NSR) in 2026 have already surpassed last year's total by nearly 50%, with around 20 million barrels shipped to Asia from the start of navigation in July to mid-October, according to traders and data. The Arctic route, long seen as riskier and costlier, has become more attractive as disruptions on routes through the Suez Canal, the Strait of Hormuz and the Black Sea area have pushed tanker freight rates to record highs. Volumes are expected to rise by another 5-10 million barrels by the end of the navigation season, compared with 13 million barrels in the last season. Gazprom Neft plans to increase its NSR shipments by about 35% from 2025, and the newly opened Vostok Oil project is also adding to volumes. LNG supply via the route is also expected to rise after Arctic LNG shipments began.

    gcaptain.com·▼ PVDRussiaexportsshipping
  • Indian refiner fuel exports to the West jump 43% as they keep processing Russian crudemoneycontrol.com·oil pricesIndiaRussia
  • Diesel’s All-Time High

    In this Motley Fool podcast, the hosts discuss diesel prices, which AAA puts at a record $6.51 per gallon, up 76% from a year earlier. They note trucking firms pass diesel costs to customers through fuel surcharges, so the impact reaches everyday consumers, and jet fuel is also about $200 a barrel, twice its level before the Iran conflict. Analyst Tyler Crowe says Senator Chuck Grassley’s proposal to ban diesel exports could bring a short-term price swing but would likely cause many unintended consequences. The U.S. exports about 5 million barrels per day of refined products and imports about 2 million barrels per day of crude, and the U.S. exports a lot more diesel but is a net importer of gasoline. The transcript cuts off while discussing refinery capacity utilization.

    Yahoo Finance·oil pricesfuel pricesexports
  • Tanker carrying 43,000 tonnes of Russian oil sends very good news to US

    A tanker carrying nearly 43,000 tonnes of ultra-low sulphur diesel left Russia's Primorsk port on October 22 and has repeatedly signalled New York as its destination, with arrival expected on November 7. If completed, it would be the first Russian refined fuel cargo to reach the US since imports nearly stopped after the Ukraine conflict began in 2022, though the signalled destination could change. The shipment comes about two weeks after Trump and Putin agreed to return Russian diesel to international markets, as Washington seeks more supply before the November 3 midterm elections amid rising fuel prices. The US Treasury granted a special licence allowing Russian diesel into the country until April next year, and Trump said Russia would release over 300,000 tonnes immediately, about 500,000 tonnes in November and 2 million tonnes later. Critics, including some lawmakers, argue the deal could give Moscow extra revenue during the Ukraine war and question whether the released volumes are large enough to significantly lower fuel prices.

    CafeF·oil pricesfuel pricesRussia
  • On October 22, Russia Officially Delivers Good News to the US

    Russian Deputy Prime Minister Alexander Novak said a vessel carrying about 40,000 tons of diesel will depart today, October 22, for the US, though he did not name the port; Putin said further shipments would follow. The shipment is the latest step in a US–Russia energy arrangement announced by Trump on 9/10, which envisaged more than 300,000 tons immediately, 500,000 tons in November and one million tons afterward. The first cargo equals only about 13% of the initial tranche, though Moscow says more cargoes are being prepared. Diesel retail prices in the US have stayed above $6 per gallon since September, pressuring transport and agriculture ahead of the 3/11 midterm elections, and Washington hopes returning Russian supply will cool the market. Ukraine and some Western allies have objected, fearing the deal will give Moscow more energy revenue while fighting continues.

    CafeF·oil pricesRussiafuel prices
  • How Ukraine’s drone strikes on Russia crippled the world’s second largest diesel supplier

    Ukraine launched more than 1,000 drones at Russia on Sunday, setting ablaze an oil export terminal in St. Petersburg. According to Kpler, Russia's diesel exports fell more than 75% to 141,000 barrels per day in September from 608,000 a year earlier, as strikes on refineries and oil infrastructure rose to 31 in July from 11 in January. Kpler's Matt Smith said Trump's deal to boost Russian diesel exports is unlikely to work without an energy ceasefire. The national average diesel price reached $6.32 per gallon, nearly 75% above a year earlier according to AAA, while Middle East disruptions have cut global diesel exports by about 1 million barrels per day. The International Energy Agency expects diesel supplies to stay constrained well into 2027.

    CNBC·▲ XAU/USDUkraineRussiaoil prices

Related markets

Currencies →Gold →

Latest news

  • Franklin Templeton adds $150 million in fund shares to XRP Ledger, all in one wallet

    Franklin Templeton added about $150 million worth of shares in its tokenized money market fund, sgBENJI, to the XRP Ledger, and all the new shares went to a single wallet. That wallet now holds nearly 193 million shares, up from about 48 million, worth roughly $200 million at the $1.039 share price recorded in the transactions. The wallet and Franklin's issuing account share the same eight signing addresses, and Franklin can approve, freeze or recover the fund's tokens on the network. It is unclear whether the wallet represents one investor or several clients, and as of Saturday morning Asia time Franklin had not responded to CoinDesk's questions. RWA.xyz ranks Franklin second among tokenized asset platforms on the XRP Ledger, behind Ripple's RLUSD stablecoin.

    CoinDesk·▲ XRP/USDTcryptoXRPinvestment trusts
  • Vietnam's production plant ranked world's second largest, featuring ultra-modern technology

    The Sóc Sơn waste-to-energy plant in Hanoi began construction in August 2019, started receiving waste in May 2022, and was inaugurated in October 2025. With a daily intake capacity of 5,000 tons and power output of 90 MW/hour, it is described as the largest in Vietnam, the world's second largest after the Shenzhen plant in China, and the largest in Southeast Asia. The plant uses Belgian Waterleau mechanical grate incinerator technology, and heat from burning waste produces steam that drives turbines to generate electricity fed into the national grid. Under its environmental permit, the plant must halt relevant discharges if pollution, noise or vibration exceed limits, and must continuously transmit wastewater monitoring data to Hanoi's environmental authority. The article notes Hanoi generates about 7,600 tons of household waste daily and has buried over 30 million tons since 1999.

    CafeF·
  • Prime Minister Le Minh Hung requests at least a 30% further cut in public investment projects, concentrating capital on key projects with wide-reaching impact

    Prime Minister Le Minh Hung said that in this term, the Central Government requires cutting public investment projects by at least 30% further, after the previous term saw about 5,000 projects nationwide, to concentrate resources on projects with broad impact. Investment efficiency should be assessed across the full project lifecycle, covering social benefits and contributions to infrastructure, living standards and social security, with priority for poverty reduction, support for ethnic minority and disadvantaged areas, national defense and security, health, education and culture. The draft amended public investment law proposes dropping the separate investment policy approval step for Group C projects, which made up over 60% of projects in the recent period, and integrating those contents into the investment decision step, while Group A, Group B and nationally important projects would still require that step. The Prime Minister also stressed the leading role of the central budget and that simplifying procedures must go hand in hand with strict control.

    CafeF·▼ CTD▼ HHV▼ VCG• VNINDEXpublic spendingpublic investmentbudget
  • Silver price down nearly 60% from peak

    World silver prices fell about 5.4% over the past week and are down roughly 54% from their late-January 2026 peak, while Phú Quý silver prices in Vietnam are down nearly 60% from that peak. World silver traded around 53.8 USD/ounce on the morning of 24/10, while gold hovered near 3,995 USD/ounce after slipping below 4,000 USD/ounce. The sell-off was driven by investor concerns that escalating US-Iran tensions would push crude oil to multi-year highs, and by expectations that the Fed will keep monetary policy tight ahead of its FOMC meeting on 27-28/10 and the PCE inflation report on 29/10. BlackRock's iShares Silver Trust (SLV) bought a net over 14 tonnes of silver on 23/10 and now holds 15.5 thousand tonnes, worth 26.85 billion USD. According to Kitco News, silver also faces pressure from higher energy costs weighing on production demand.

    CafeF·▼ PAXG/USDT▼ XAUT/USDT▼ XAU/USDsilvergoldoil prices
  • EVN's 2025 electricity production cost is nearly 2,093 VND per kWh

    EVN reported total electricity production and business costs of 601,680 billion VND in 2025, equal to a unit cost of 2,092.7 VND per kWh on commercial output of 287.51 billion kWh, about 5% below the average retail price of 2,204.07 VND per kWh applied since 10/5/2025. Power generation accounted for nearly 83% of costs at 498,363 billion VND, followed by distribution and retail at 78,993 billion VND and transmission at over 22,141 billion VND. The article notes the gap does not directly reflect actual profit per kWh, since the average retail price dates from May while unit cost covers the full year. EVN has cleared its consolidated accumulated losses, though the parent company still carried a loss of about 5,611 billion VND, and in the first eight months revenue exceeded 482,000 billion VND with profit estimated at 12,215 billion VND. Prime Minister Le Minh Hung has directed that electricity prices not be raised in the final months of 2026.

    VnExpress·• NT2• POW• PPCelectricityinflationVietnam
  • Anthropic's Revenue Surged to $16.3 Billion in the First Half of 2026, Up From $1.1 Billion a Year Ago

    According to disclosures from a draft IPO prospectus reported by The Wall Street Journal, Anthropic generated around $16.3 billion in revenue in the first half of 2026, up from $1.1 billion a year earlier, while spending nearly $9 billion on computing capacity. It has committed to around $450 billion in mostly noncancelable computing agreements over seven to 10 years, and is negotiating deals that could raise total commitments by up to $150 billion. The company posted an $80.7 billion net loss in H1 2026, of which $72 billion came from accounting charges tied to convertible notes and other fundraising instruments. The draft also flags risks, including about one-fifth of revenue coming from two customers, data center backlash, liability from misaligned AI models, and possibly insufficient insurance against catastrophic AI incidents. The company is reportedly targeting a valuation of up to $2 trillion, which the article says would be over 60 times annualized H1 2026 revenue.

    Yahoo Finance·▲ NVDA▲ AMZN▲ GOOGLAnthropicartificial intelligenceIPO

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.