
Updated
Russia exported 271,000 barrels of diesel per day in October, double September's figure of 135,000, according to Kpler data reported by the Financial Times. The increase followed US demands that Ukraine stop striking Russian oil refineries and came after Trump struck a diesel deal with Vladimir Putin in early October, under which the US Treasury temporarily eased sanctions on Russian diesel. Russia sent four tankers of diesel toward the United States under the arrangement, but none had reached the American coast, and the FT said diesel exports to Brazil and Turkey also rose. Ukraine had paused refinery strikes for a time but resumed them in October. Bloomberg reported that Brazilian importers were offered at least four cargoes totalling 1.1 million barrels of Russian diesel for this month, according to Abicom president Sérgio Araújo, but traders said prices were unattractive compared with US-made fuel. Brazil imports about a third of its diesel needs, and demand usually peaks at year's end. The Moscow Times reported that under the deal Russia was expected to supply more than 300,000 metric tons in October, 500,000 in November and 1 million shortly afterward, and that tankers bound for the US changed course after American companies balked over sanctions and legal risks. Meduza reported that analysts and experts doubted Trump's claim that the deal would lower US fuel prices, noting Russia's volumes could not significantly affect the US market.