WEAK DIESEL MARKETS ADDED PRESSURE AS CHINA ISSUED NEW FUEL-EXPORT QUOTAS AND EUROPE PLANNED TO RELEASE 42 MILLION BARRE | Hanami
WEAK DIESEL MARKETS ADDED PRESSURE AS CHINA ISSUED NEW FUEL-EXPORT QUOTAS AND EUROPE PLANNED TO RELEASE 42 MILLION BARRELS FROM STRATEGIC RESERVES OVER THREE MONTHS. HOWEVER, RUSSIA’S REPORTED EXTENSION OF ITS DIESEL EXPORT BAN THROUGH YEAR-END COULD LIMIT SUPPLY RELIEF, KEEPING MIDDLE EAST DEVELOPMENTS AND FUEL FLOWS IN FOCUS.