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Russia to Lift Ban on Winter Diesel Exports in March

OIL PRODUCTS

Russia is planning to lift the ban on winter-grade diesel exports from 22 March due to seasonally lower demand according to a document seen by Bloomberg.

  • It is the same draft decree that also imposes a temporary ban on gasoline exports.
  • The ban came into effect last September.
  • Russian producers sell about 90% of their winter-grade fuel at home according to the Energy Ministry.
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Russia is planning to lift the ban on winter-grade diesel exports from 22 March due to seasonally lower demand according to a document seen by Bloomberg.

  • It is the same draft decree that also imposes a temporary ban on gasoline exports.
  • The ban came into effect last September.
  • Russian producers sell about 90% of their winter-grade fuel at home according to the Energy Ministry.