Russian Fuel Flows Fell in Early October Before Diesel Ban Eased
Russiaโs refined fuel shipments declined in early October before the government loosened a diesel export ban.
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Russiaโs refined fuel shipments declined in early October before the government loosened a diesel export ban.
This yearโs big rally in US refiner stocks is running into growing headwinds with some Republican leaders calling to restrict exports of diesel, which has soared as global conflicts limit supplies.
Bob McNally, founder and president at Rapidan Energy Group, explains the potential global market impact if the United States was to ban the export of diesel. McNally says the move by the US โwould shatter its reputation as a safe place to invest for a generation.โ He speaks on โBloomberg Surveillance.โ (Source: Bloomberg)