MNI BRIEF: Fed's Collins Urges Patience On Judging Inflation

CORRECTED: MNI BOE WATCH: On Hold And Splits Set To Continue

MNI China Daily Summary: Tuesday, June 18

MNI: PBOC Net Injects CNY84 Bln Via OMO Tues; Rates Unchanged

CHINA PBOC CONDUCTS CNY86 BILLION VIA 7-DAY REVERSE REPOS TUES

Notable Moderation In PCCI In May, But Services Persistence Still Noted

Commodity Price Action Supports Krone

EZ/UK Bond Supply Calendar: Cyprus Synd; Greece, Germany Wednesday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Russian Fuel Export Ban Halting Clean Vessels

OIL PRODUCTS

Bloomberg vessel tracking has flagged clean tankers bound for Russian diesel exporting ports going under anchorage because of yesterdays ban.

  • The Aegeas is still signaling Primorsk according to the latest data and had an expected arrival of Sept. 22 but after yesterday’s news is now floating according to Bloomberg.
  • The Ocean Wave I, was expected to arrive at Primorsk Sept. 24 to load diesel-type fuel but is now anchored close to the Aegeas.
  • The move will likely cause numerous diversions for the Russian clean fleet as well as lay vessels up. The lack of clarity about the duration of the ban also causes the fleet logistical issues.
  • Citi and JP Morgan have forecast the ban will last between 2-6 weeks and likely lead to higher crude exports from the country.
BulletEnergy BulletsHomepageCommodities
BulletEnergy BulletsHomepageCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.