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Tankers and Gas Ukraine crisis Geopolitics

Ukrainian attacks change the balance of Russian crude and products exports

  • Russia exported just 1.2m bpd of clean products in September, the lowest monthly average in a decade, according to Vortexa data
  • Russia exported 5.4m bpd of crude in September, the highest monthly average in a decade
  • As Ukraine’s attacks curtail Russian refining, the degree that Russian crude exports exceed products exports has reached a new peak

  • Analysis

Less Russian diesel is reaching the seaborne market as Ukraine intensifies its attacks on Russian energy infrastructure. Buyers of Russian diesel are sourcing elsewhere, affecting product tanker tonne-mile demand

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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