Diesel Exports From Vital Russian Port to Plunge 30% in May
- Loadings slide as companies avoid Russian oil supplies
- Monthly drop is single biggest since at least late 2016
A tanker departs from its mooring after delivering a shipment of Russian diesel to Purfleet fuel terminal in Purfleet, U.K., on April 5.
Photographer: Chris J. Ratcliffe/BloombergThis article is for subscribers only.
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Diesel exports out of Russia’s main port for the fuel are set to plunge by about 30% next month, as the effects of the country’s war in Ukraine ripple through energy markets.