Key facts
- Russian refiners are raising diesel production in October.
- Export quotas were granted following a US-Russia supply agreement.
- Russia agreed to supply over 300,000 metric tons of diesel immediately, with more to follow.
- Diesel output rose towards 180,000 tons per day after quotas were issued mid-month.
- A tanker carrying 40,000 tons of Russian diesel departed for New York on October 23.
Russian refiners are increasing diesel production in October after the government granted export quotas, following a supply agreement between the US and Russia. US President Donald Trump announced on October 9 that Russian President Vladimir Putin had agreed to supply diesel to the United States and global markets. Russia confirmed the deal, with Trump stating that Russia would deliver over 300,000 metric tons of diesel immediately, followed by more in November and later. After the new export quotas arrived mid-month, production began to rise towards 180,000 tons per day. A tanker carrying 40,000 tons of Russian diesel bound for New York appeared on tracking systems on October 23, and the Kremlin confirmed that shipments would continue regularly.
