Russia outlines controls on diesel exports after ban lifted, price pressures ease

An export ban on Russian oil products — now partially lifted — has succeeded in lowering prices and ensuring supply, including to the agricultural sector, with export levels to be carefully controlled until the market is being fully supplied, Russian officials said Oct. 9. Russia moved to limit gasoline and diesel exports in September as growing diesel shortages threatened crucial…An export ban on Russian oil products — now partially lifted — has succeeded in lowering prices and ensuring supply, including to the agricultural sector, with export levels to be carefully controlled until the market is being fully supplied, Russian officials said Oct. 9. Russia moved to limit gasoline and diesel exports in September as growing diesel shortages threatened crucial…  Read More