Russia Lifts Export Ban on Some Fuels, But Gasoline Restrictions Remain

Russia lifted export ban on low-quality diesel and marine fuel, but ban on gasoline and high-quality diesel remains.
Restrictions also lifted on fuel already accepted for export by Russian Railways and Transneft before initial ban.
Analysts expect full export ban to be short-lived and lifted after harvest season ends next month.
Russia recently faced shortages of gasoline and diesel, with wholesale prices spiking.
Fuel crunch could be awkward for Kremlin ahead of presidential election in March.

reuters.com

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9/16/2023

Sanctions Create Widespread Shortages in Russia, Weakening Economy and War Support

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France to Lift Ban on Below-Cost Fuel Sales to Ease Inflationary Pressure on Households

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Russia Bans Gasoline and Diesel Exports, Putting Pressure on Global Energy Markets

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Fuel prices set to fall as oil price plummets after Russia lifts export ban

Diesel prices are expected to decrease after Russia lifted a ban on oil exports, causing a drop in global supplies and a decrease in fuel costs.

Topics

Posted 9/25/2023, 9:13:00 AM

Russia Lifts Export Ban on Some Fuels, But Gasoline Restrictions Remain

Russia lifted export ban on low-quality diesel and marine fuel, but ban on gasoline and high-quality diesel remains.
Restrictions also lifted on fuel already accepted for export by Russian Railways and Transneft before initial ban.
Analysts expect full export ban to be short-lived and lifted after harvest season ends next month.
Russia recently faced shortages of gasoline and diesel, with wholesale prices spiking.
Fuel crunch could be awkward for Kremlin ahead of presidential election in March.

reuters.com

Relevant topic timeline:

9/16/2023

Sanctions Create Widespread Shortages in Russia, Weakening Economy and War Support

9/16/2023

France to Lift Ban on Below-Cost Fuel Sales to Ease Inflationary Pressure on Households

9/22/2023

Russia Bans Gasoline and Diesel Exports, Putting Pressure on Global Energy Markets

Russia has halted gasoline and diesel exports to protect its domestic fuel supply and stabilize prices, potentially impacting global fuel prices and putting pressure on American consumers.

9/22/2023

Oil Prices Jump Over 1% as Russia Bans Fuel Exports, Raising Supply Concerns

9/22/2023

Russia's Diesel Export Ban Could Spike Prices and Inflation in Europe

9/25/2023

TotalEnergies Strategy Update Amid Oil Price Surge, Russia Export Ban, Gas Supply Shifts

10/6/2023

Fuel prices set to fall as oil price plummets after Russia lifts export ban

Diesel prices are expected to decrease after Russia lifted a ban on oil exports, causing a drop in global supplies and a decrease in fuel costs.