Russia will help US fuel to reduce diesel prices: Business: Economy: Lenta.ru
Four Russian tankers with millions of barrels of diesel fuel made from natural gas departed for the United States. About this with reference to the platform data and cargo analytics Vortexa informs Bloomberg.
This volume of supply will be the maximum from 2018. According to the publication, it will help reduce fuel prices on the east coast, which have peaked in seven years.
The traditional supplier of fuel to the region is the Canadian refinery Irving Oil Ltd. St. John, but he is only resuming production after a scheduled renovation that has been going on since September.
Diesel fuel from Russia looks preferable to the European one, since, as experts explained, it has access to cheap natural gas. The tanker flotilla arrives in the US next week.
Earlier it was reported that the prices for diesel fuel in Russia broke historical records. Winter diesel at the St. Petersburg International Commodity Exchange rose to 61.528 thousand rubles per ton. Against this background, the Federal Antimonopoly Service (FAS) proposed to increase the standard for the sale of fuel on the exchange in order to cope with its shortage.