market forces

New Russian Diesel Trade Routes Emerge as Jet Disruption Looms

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European oil traders are locked in a fierce debate about where Russian diesel might go after an EU embargo takes effect Feb. 5, and how long it might be before shipping becomes a major problem. Russia needs to find new homes — and Europe needs to find replacements — for at least 700,000 b/d of diesel.

Jet Fuel, Diesel/Gasoil, Oil Spot Markets, Oil Tankers
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