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Free AccessRussia’s Domestic Diesel Output Could Fall in Oct
Russia’s diesel supplies to the domestic market could fall in October despite the current ban on its export, according to according to Mikhail Turukalov, an independent US-based oil-products analyst.
- The October plan of pipeline diesel supplies in Russia is currently 883k mt, down from 923k mt scheduled for September and 1.1m mt in August. The decline in domestic flows is likely the result of a lack of storage in the diesel pipeline system.
- The drop in domestic supplies, coupled with an export ban, means an inevitable fall in diesel output. This could force the government and oil companies to find a rapid compromise, which could lead a revision of the October plan.
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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.