diesel
SOCAR's STAR refinery in Turkey boosts diesel output by 19.4%
In August 2026, SOCAR's STAR refinery produced 623,529 tonnes of diesel, up from 522,403 tonnes a year earlier, while jet fuel output fell 46.3%.
Russian Diesel to Reach US in 15-20 Days After Contracts Signed
Deputy Prime Minister Alexander Novak said that after commercial contracts are concluded, Russian diesel will start flowing to the US market within 15-20 days. Sanctions on supplies have been lifted for six months.
Semafor: US administration unofficially links diesel price surge to Iran operation
According to Semafor, some US administration officials privately acknowledge that rising diesel prices are caused by the military operation against Iran, though Trump previously attributed the increase to the Russia-Ukraine war.
Azerbaijan's Gasoline and Diesel Sales Rise 4%
In January-September 2026, retail sales of gasoline and diesel fuel in Azerbaijan amounted to 3.058 billion manats, up 4% year-on-year.
Russia Lifts Diesel Export Restrictions Ahead of Schedule
Deputy Prime Minister Alexander Novak announced that Russia is immediately lifting restrictions on diesel exports earlier than planned. He also suggested that supplies abroad could increase in November and December.
US Treasury Temporarily Allows Russian Diesel Supplies to Global Market
OFAC issued a temporary general license exempting Russian diesel fuel supplies from US sanctions until April 7, 2027.
Trump Announces Large-Scale Russian Diesel Supplies to US and Global Markets
Following a call with Putin, Trump announced an agreement on Russian diesel supplies. Russia will immediately deliver over 300,000 tonnes, with another 500,000 tonnes in November.
UK Diesel Price Hits All-Time Record
The average price of diesel in the UK reached £1.9918 per litre, breaking the previous record set in June 2022.
US Average Diesel Price Hits Record $6.49 per Gallon
According to AAA, the average price of diesel fuel in the US has risen to $6.49 per gallon, significantly higher than last year's $3.70.
Government Extends Fuel Export Ban for Producers Until September 2026
The Russian government has extended the temporary ban on exports of diesel, marine fuel, and gas oils by direct producers until September 30, 2026, to stabilize the domestic market.
Diesel Prices in EU Rise Amid Middle East Crisis
In July, diesel in the EU rose 4.3% from June, and growth continued in August, increasing pressure on farmers and transporters.
Azerbaijani Fuel Spending Up 4.9% in Seven Months
In January-July 2026, Azerbaijan's population spent 2.3 billion manats on gasoline and diesel, up 4.9% year-on-year.
Government Extends Reduced Gasoline Exchange Sales Quota Until 2026
The Russian government has extended the reduced 10% mandatory gasoline exchange sales quota until December 31, 2026, and expanded the list of consumers eligible for targeted fuel supplies.
Europe Faces Diesel Shortage and Price Surge in Winter
Bloomberg warns of a possible diesel shortage in Europe this winter, leading to higher prices and inflationary pressure.
Russia Allows Import, Production and Circulation of Euro 2, Euro 3, Euro 4 Gasoline
The Russian government has adopted a resolution that sets temporary rules for the production, import, and circulation of gasoline and diesel fuel until July 1, 2027, according to the Ministry of Energy.
Russia Extends Fuel Export Ban Until January 2027
The Russian government has extended the full ban on exports of gasoline, diesel and other petroleum products until January 31, 2027.