Context

The total volume of marine exports of petroleum products last month was about 1.17 million barrels per day. The decline in diesel exports more than offset the growth in the supply of fuel oil and petroleum raw materials for the petrochemical industry, according to Vortexa data.

Russia restricts exports of diesel fuel to meet domestic demand following Ukrainian attacks on refineries. In September, the volume of diesel and gas oil shipments from Russian ports decreased by 28% compared to August - to 144 thousand barrels per day. This is the lowest monthly rate for the entire observation period of Vortexa, which lasts more than ten years.

What's next

As Ukrinform reported, on September 30, the Russian government extended the ban on the export of diesel and marine fuel for manufacturers until the end of October.