The oil-products embargo begins in less than three months and the bloc lacks alternative sources, the news outlet reports European traders are boosting purchases of Russian diesel ahead of the EU embargo on the country’s oil products, which comes into force in February, Reuters reported on Monday, citing cargo tracker Vortexa. According to the report, Russian diesel shipments headed to the Amsterdam-Rotterdam-Antwerp (ARA) storage region surged to 215,000 barrels per day from November 1 to November 12. It is a 126% increase from October, according to Pamela Munger, Vortexa senior market analyst. Moreover, accordin
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