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According to Russian Deputy Prime Minister Alexander Novak, Russia is in discussions with the US Department of Energy and related companies to find ways to deliver diesel to the US. The US has issued an exemption permit to import Russian diesel until early April 2027, but Russian oil producers are still on the US sanctions list. Novak said that during the negotiations, “a mechanism that can guarantee the implementation of supply will be found.” Novak said that several refineries have been overhauled and the Russian fuel market situation is improving. “We hope the situation continues to improve, but of course much depends on subsequent attacks on energy infrastructure.” Russian oil production is expected to recover as infrastructure and crude oil processing capacity improve. An assessment report on the crude oil production capacity of OPEC+ member countries is expected to be completed by the end of 2026.
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According to Russian Deputy Prime Minister Alexander Novak, Russia is in discussions with the US Department of Energy and related companies to find ways to deliver diesel to the US. The US has issued an exemption permit to import Russian diesel until early April 2027, but Russian oil producers are still on the US sanctions list. Novak said that during the negotiations, “a mechanism that can guarantee the implementation of supply will be found.” Novak said that a number of refineries have been overhauled, and the Russian fuel market situation is improving. “We hope the situation continues to improve, but of course much depends on subsequent attacks on energy infrastructure.” Russian oil production is expected to recover as infrastructure and crude oil processing capacity improve. An assessment report on the crude oil production capacity of OPEC+ member countries is expected to be completed by the end of 2026.
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