Commodities
Russia Deputy PM Novak says Russia has started to import fuel, reports Tass
StockNow breaking-news AI analysis
Russia is importing fuel to offset a 40% capacity loss from refinery outages. This supply crunch has pushed diesel crack spreads to record highs, benefiting US refiners while straining global consumers.
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"We expect that a number of oil refineries will soon be completed with maintenance, and the situation will improve significantly,"
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