European Traders Rush to Buy Russian Diesel Before EU Ban Begins in February

Everyone is running out of fuel, and basically they’re going to not be able to drive or use electricity and then they’re going to freeze to death.

But as they’re laying there breathing their last icy breaths, they can take comfort in knowing that soon, the children of the Donbass will once again be learning how to have gay anal sex with men.

Reuters:

European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February, as alternative sources remain limited.

The European Union will ban Russian oil product imports, on which it relies heavily for its diesel, by Feb. 5. That will follow a ban on Russian crude taking effect in December.

Russian diesel loadings destined for the Amsterdam-Rotterdam-Antwerp (ARA) storage region rose to 215,000 bpd from Nov. 1 to Nov. 12, up by 126% from October, Pamela Munger, senior market analyst at energy analytics firm Vortexa, said.

With few immediate cost-effective alternatives, diesel from Russia has made up 44% of Europe’s total imports of the road fuel so far in November, compared with 39% in October, Refinitiv data shows.

Although Europe’s reliance on the Russian fuel has fallen from more than 50% before Moscow’s February invasion of Ukraine, Russia is still the continent’s largest diesel supplier.

The EU will have to secure around 500-600 kb/d of diesel to replace the Russian volumes, replacements will come from the US as well as east of Suez, primarily the Middle East and India,” Eugene Lindell, refining and products market analyst at FGE, said.

Anyway.

I guess that wind shit doesn’t work, haha.

Sucks.