Putin: Global Diesel Prices Drop 5–6% After US Deal
Russian President Vladimir Putin stated that global diesel fuel prices dropped by 5–6% following a deal with the United States on diesel exports. The agreement, reached on October 9, involves initial shipments of over 300,000 tons, with additional volumes planned for November and later.
Consensus
- Global diesel fuel prices dropped by 5–6%
- The price drop followed a decision on a diesel fuel deal between Russia and the United States
- Vladimir Putin made the statement during a meeting with U.S. Special Envoy Steve Witkoфф
- Steve Witkoфф, on behalf of U.S. President Donald Trump, thanked Putin for the diesel deal
- The meeting took place on October 21 in the Konstantin Palace in Saint Petersburg
- The main topic of the meeting was the resolution of the Ukrainian conflict
Points of divergence
- The initial volume of diesel exports will exceed 300,000 tonnes, with an additional 500,000 tonnes planned for November and 1 million tonnes later — vedomosti
- The New York Post reported on October 15 that Russian diesel was expected to reach the U.S. market before the November 3 midterm elections — vedomosti
- Russian Deputy Prime Minister Alexander Novak said on October 15 that Russian oil companies are ready to begin diesel exports, with procedures taking about two to three weeks — vedomosti
- The meeting between Putin and Witkoфф took place in the Konstantin Palace in Saint Petersburg — riamo
Coverage (5 sources)
- Putin stated that global prices for diesel fuel have dropped by 5-6% following the deal with the USA — РИАМО
- Putin: Russia-US deal on diesel lowered global prices by 5-6% — Коммерсантъ
- Putin: after the decision on diesel, prices on global markets fell by 5-6% — Ведомости
- Putin stated that after the decision on diesel fuel, prices on global markets fell by 5-6%. — РИА Новости (Telegram)
- Putin stated that after the decision on diesel, prices on global markets fell by 5-6 percent. — ТАСС (Telegram)
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