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Russian Diesel Unexpectedly Returns to Market as US Opens the Door: 600,000 Barrels Already Shipped, Could Surge to 3.5 Million Tonnes a Month

Russian diesel is returning to traditional markets such as Turkey, Brazil and Morocco, just days after Moscow lifted its export ban on October 9 and Washington temporarily eased some sanctions on Russian fuel. According to Kpler, two tankers carrying about 300,000 barrels of diesel each are heading to Brazil and Turkey. Still, Russia's average diesel exports this year are about 345,000 barrels a day, down 41% from a year earlier. Trump said Russia would immediately supply 300,000 tonnes, then 500,000 tonnes in November and another 1 million tonnes after that, while Deputy Prime Minister Alexander Novak said exports could reach up to 3.5 million tonnes a month by year-end. EU and UK import bans on Russian fuel remain in place, and Washington is closely watching diesel prices ahead of the November 3 US midterm elections.

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

Original headline: Dầu Nga bất ngờ trở lại thị trường ngay khi Mỹ 'mở toang' cửa: 600.000 thùng đã lên đường, có thể vọt lên 3,5 triệu tấn/tháng

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MarketVietnam stocks
ExchangeHOSE
SectorOil & Gas
IndustryOil Equipment & Services
Market cap16,699 bn VND
P/E15.0
P/B0.96
Close on 10/20/202618.00
Change that session+1.69%
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SectorIndustrial Goods & Services
IndustryMarine Transportation
Market cap11,889 bn VND
P/E8.3
P/B1.25
Close on 10/20/202624.20
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