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OIL PRODUCTS: Russian Diesel Exports Jump in January

OIL PRODUCTS
BulletEnergy BulletsCommodities

Russian diesel and gasoil exports rose by nearly a quarter in January m/m according to LSEG in a rush to move shipments ahead of sanctions.

  • Total diesel and gasoil exports from Russian ports rose last month to around 4.2 million metric tons, up 24% from December but almost equal to 4.18 million tons in January 2024.
  • Turkey and Brazil remained the main importers.
  • The number of STS loadings and hidden destinations for Russian cargoes could increase in the next few months due to sanctions on the tanker fleet imposed by the U.S., Britain and European Union, traders said to Reuters.
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Russian diesel and gasoil exports rose by nearly a quarter in January m/m according to LSEG in a rush to move shipments ahead of sanctions.

  • Total diesel and gasoil exports from Russian ports rose last month to around 4.2 million metric tons, up 24% from December but almost equal to 4.18 million tons in January 2024.
  • Turkey and Brazil remained the main importers.
  • The number of STS loadings and hidden destinations for Russian cargoes could increase in the next few months due to sanctions on the tanker fleet imposed by the U.S., Britain and European Union, traders said to Reuters.