Russia's Refined Fuel Exports Reach Highest Level in Nine Months

Reported 1 day ago

In the first half of November, Russia's refined fuel exports surged to a nine-month high as refineries increased production following seasonal maintenance. Shipments averaged 2.33 million barrels per day, marking a 21% increase compared to October. Diesel and naphtha shipments led the rise, with diesel exports up 23% and naphtha up 50%, targeting mainly Turkey and Asia. Meanwhile, crude exports dropped to their lowest since September and the energy ministry plans to lift the gasoline export ban in December.

Source: YAHOO

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