Report
Trump's Russia diesel deal is unlikely to ease prices amid refinery strikes
CNBC reports Kpler data show Russian diesel exports fell more than 75% year-on-year in September amid Ukrainian strikes.
TLDR
Reuters, in reporting published by The Straits Times, says analysts consider Trump's promised Russian diesel volumes too small to ease the global supply squeeze. CNBC reports Ukrainian drone strikes have damaged Russian refineries, with Kpler data putting September diesel exports at 141,000 barrels a day, down from 608,000 a year earlier. Reuters also reports doubts that Russia can deliver the promised fuel amid limited refinery output and high freight costs.
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