Mark Sloan + 9 MS December 16, 2022 The EU is scrambling to find alternate oil product suppliers in a tightly supplied market. The bloc even raised its imports of Russian diesel by sea, ahead of the product import ban in February. The EU needs around 1 million barrels per day of Russian products – diesel and naphtha – replaced by February. https://oilprice.com/Energy/Crude-Oil/EU-Races-To-Replace-Russian-Oil-Products.html Quote Share this post Link to post Share on other sites
specinho + 470 January 22, 2023 They might have found the solution. Tom mentioned they are buying Russian oil from China........ '-' Quote Share this post Link to post Share on other sites
Old-Ruffneck + 1,246 er January 23, 2023 (edited) Diesel Markets Brace For A Chaotic February | OilPrice.com Fuels will self level with China and India refineries selling the mass amounts of oil they bought cheap from Russia and still buying..... Both produce well more than they consume so I wouldn't get excited just yet. See how the next 30 days plays, then make calculations from there. Edited January 23, 2023 by Old-Ruffneck add Quote Share this post Link to post Share on other sites