Russian Fuel Flows Hit 17-Month Low on Diesel Curbs, Maintenance
- Diesel exports slip further in October amid curbs on outflows
- Naphtha and fuel oil shipments both see marginal gains
A drilling site near Almetyevsk, Russia.
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Russian oil-product exports have dropped to a 17-month low after a temporary ban on diesel shipments and as seasonal maintenance crimped refining activity.
Refined fuel shipments fell to 2.2 million barrels a day in first 28 days of October, according to data compiled by Bloomberg from analytics firm Vortexa Ltd. That’s the lowest since May 2022 and down roughly 3% from both September and a year earlier.