Russian Diesel and Gasoline Boost Helps Its Fuel Exports Rebound
- Easing of road fuel restrictions sees exports rise in November
- Naphtha shipments fell as flows to Asia hit a five-month low
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Russia’s oil product exports rebounded in November as the easing of restrictions on road fuels and the end of refinery maintenance boosted flows.
Refined fuel shipments climbed to 2.2 million barrels a day, according to data compiled by Bloomberg from analytics firm Vortexa Ltd. That’s roughly 164,000 barrels a day higher than in October, when volumes slid to a three-year low. The increase happened even though stormy weather caused significant disruption to exports from Russian ports.