Russia Diesel Flows Seen Falling Just as Rhine Chaos Hits Europe
- Exports from FSU to fall 4% this month, Petro-Logistics says
- Low Rhine levels threaten fuel shipments into inland Europe
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Shipments of diesel-type fuel from former Soviet Union countries are forecast to ease this month, potentially complicating an already chaotic supply picture in Europe.
Exports of gasoil and diesel from the region are expected to drop 4% in August from a month earlier, according to seaborne oil trade analytics firm Petro-Logistics SA. Much -- if not all -- of the supply will originate from Russia, a major provider of such fuels, particularly to Europe.