Russian government lifts restrictions on diesel exports via ports
Image Credit: bloomberg
Russia has lifted a ban on pipeline diesel exports via ports, which was first imposed on September 21. Diesel is Russia's top oil product export, with around 35 million tons exported last year, and almost three-quarters of that amount was transported through pipelines. Petrol export restrictions, however, are still in effect. Following this news, global oil prices dipped slightly, with Brent futures falling 0.08% to $84.01 per barrel.