Tag: diesel fuel

Russia has announced a ban on exports of gasoline and diesel fuel, aiming to stabilise rising domestic prices and improve the country's fuel supply.The government decree issued on Thursday said the restrictions would be temporary but did not give a date for them ending. Also read: Diesel consumption declines for third month in a row in August; petrol usage upThe move was expected to lead to increased fuel prices in the world market.Russia's exports of diesel fuel are estimated at about 9,00,000 barrels a day and the country has...