Russia could partially open diesel exports in case of surplus output: Novak

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Russia may partially reopen diesel exports if production returns to surplus, Deputy Prime Minister Alexander Novak said, describing the domestic market as balanced and adequately supplied. Russia had curtailed diesel production amid Ukrainian drone attacks, while its export policy remains relevant to global fuel availability.

Russia could consider partially opening diesel exports once it returns to a production surplus, Deputy Prime Minister Alexander Novak told its Federation Council Oct. 2, describing the market as balanced and sufficiently supplied, local media reported. Traditionally the world’s number-two diesel exporter, Russia started shutting in its diesel production in July following persistent Ukrainian drone ...