Up to a million barrels per day: Russia has sharply increased diesel exports

Up to a million barrels per day: Russia has sharply increased diesel exports

Kyiv  •  UNN

December 15 2023, 11:59 AM • 26693 views

Russia increased its diesel exports to 1 million barrels per day, and Turkey and Brazil became the leading importers, the highest marine diesel exports since August 2023.

Since the beginning of December 2023, Russia has sharply increased its diesel exports. It has now reached up to 1 million barrels per day. This is reported by UNN with reference to Russian media. 

Details

All this is due to the almost complete lifting of sanctions that were imposed earlier. Currently, Turkey, which suffered the most from the sanctions, is actively restoring the previous level of exports.

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Brazil has become the second largest buyer, increasing its imports from Russia for the third month in a row. 

Russian media emphasize that marine exports of diesel fuel are currently the highest since August 2023.

Addendum 

Once the largest importer of Russian diesel fuel, Turkey, which has been hit hardest by the export ban, increased its supplies of Russian diesel fuel to 319 thousand bpd in December

The second largest importer, Brazil, has been increasing its purchases for the third month in a row, which in December almost reached 274 thousand bpd and may break another record by the end of the month.

In addition, Russia has increased its diesel supplies to Algeria.

Recall

According to Politico, the attempt of the West to limit Russian oil revenues by a price ceiling after Moscow started the war with Ukraine has essentially failed a year after it was agreed.

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