Oil prices fell sharply on Tuesday as Russia partially lifted its diesel export restrictions, helping ease supply constraints in global fuel markets.
Brent crude prices fell 1.8 percent to $104.74 a barrel, snapping a three-session winning streak. WTI crude futures were down 1.8 percent at $92.04.
According to Reuters, Russia expects to increase diesel exports from 3 million to 3.5 million metric tons per month by the end of 2026, returning to the levels seen before the crisis and potentially exceeding volumes announced by U.S. President Donald Trump.
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Market Analysis
Oil Prices Decline Amid Russian Diesel Relief
2026-10-13 10:00:19
