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Big Drop in Russia’s Diesel Exports as Buyers Shun Nation’s Oil

  • Diesel shipments from Baltic and Black sea ports down by 14%
  • This month’s exports could fall even further amid tight market
A tanker at the Primorsk Commercial Seaport, Russia. 

A tanker at the Primorsk Commercial Seaport, Russia. 

Photographer: Alexander Ryumin/TASS/Getty Images

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Diesel exports from Russia fell sharply in April from their prewar level as oil buyers seek to punish one of the world’s biggest suppliers.

Shipments of diesel-type fuel out of Russia’s Baltic and Black sea ports were about half-a-million tons, or 14%, lower last month than in February -- the last few days of which marked the beginning of Russia’s invasion of Ukraine, according to data from Vortexa Ltd. Three people involved in the diesel market reported falls of a similar magnitude.