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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