Ban on fuel exports from Russia could spike world diesel prices: Expert

MOSCOW, Sept 22 (TASS) - A ban on the export of gasoline and diesel fuel from Russia could lead to an increase in world diesel prices, leading Finam analyst Alexander Potavin told TASS.
"On a global scale, world prices for diesel fuel are already at elevated levels due to rising oil prices and a lack of refining capacity. Restrictions on Russian fuel exports could aggravate this problem," he said. The expert noted that the Russian volume of diesel exports is significant. The country does not disclose the exact volumes of oil product exports, however, according to international agencies, Russian exports of diesel fuel are approximately 900,000 barrels per day.