Russian Diesel Never Made It to the U.S. — But Exports Doubling FT After Trump announced an Oct. 9 deal with Putin to boost fuel supplies to global markets, Russian diesel exports doubled — from 135,000 to 271,000 barrels a day, according to Kpler data. However, not one package made it to the US market. At least two US tankers have changed course, and one of them - the Agioi Fanendes - is still sitting fully loaded off the East Coast waiting for a buyer. The FT attributes the holdover to "Ukrainian supporters": New Jersey's governor sent letters to ports and terminals warning of sanctions for receiving Russian diesel. Most shipments go to Brazil, Turkey and other countries. The White House claims that more supply in the world market will bring prices to the Americans - "the deal is for the whole world". In Congress, Democrats and Republicans are demanding Trump walk away from the deal, making it illegal. Analysts expect the rise to cool: Ukraine resumed attacks on oil refineries on October 30 after a two-week hiatus, and Russia extended its diesel export ban until the end of January. Energy indicators expect exports to be "very smooth" in the coming months, with a restocking of about 4 million barrels a day. Source: InfoDefenseENGLISH Web.

Russian Diesel Never Made It to the U.S. — But Exports Doubling FT After Trump announced an Oct. 9 deal with Putin to boost fuel supplies to global markets, Russian diesel exports doubled — from 135,000 to 271,000 barrels a day, according to Kpler data. However, not one package made it to the US market. At least two US tankers have changed course, and one of them - the Agioi Fanendes - is still sitting fully loaded off the East Coast waiting for a buyer. The FT attributes the holdover to "Ukrainian supporters": New Jersey's governor sent letters to ports and terminals warning of sanctions for receiving Russian diesel. Most shipments go to Brazil, Turkey and other countries. The White House claims that more supply in the world market will bring prices to the Americans - "the deal is for the whole world". In Congress, Democrats and Republicans are demanding Trump walk away from the deal, making it illegal. Analysts expect the rise to cool: Ukraine resumed attacks on oil refineries on October 30 after a two-week hiatus, and Russia extended its diesel export ban until the end of January. Energy indicators expect exports to be "very smooth" in the coming months, with a restocking of about 4 million barrels a day. Source: InfoDefenseENGLISH Web.