Russia Lifts Ban On Low-Quality Diesel Exports ...Middle East

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Russia Lifts Ban On Low-Quality Diesel Exports
On Monday, Russia tweaked its export limitations on fuels, lifting the temporary ban on exports of low-quality diesel and marine fuel. At the end of last week, Russia surprised the markets by announcing a temporary ban on exports of gasoline and diesel to stabilize fuel prices on the domestic market, ending weeks of speculation that authorities would limit exports in the face of soaring prices and shortages due to higher crude prices and weak Russian ruble. Fuel already accepted for export by Transneft and the Russian Railways before last week’s…

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