Russia Extends Diesel Export Ban Through October 31 to Support Domestic Market

Key Facts

1The Russian government extended the ban on exports of diesel, marine fuel, and gasoil through October 31, 2026.

2The decision aims to maintain domestic fuel market stability and meet higher demand during the harvest season.

The Russian government extended the ban on exports of diesel, marine fuel, and gasoil through October 31, 2026. OilPrice.com reported that the decision aims to maintain domestic fuel market stability and meet higher demand during the harvest season. The extension comes as Russian refining capacity remains constrained following Ukrainian drone strikes on energy infrastructure.

Phillips 66 stock (PSX) closed at $255.31 on September 30, 2026, after trading between a low of $254.79 and a high of $260.35 during the session. According to ZeroHedge, the continued absence of Russian shipments, which previously accounted for approximately 10% of global seaborne diesel supply, maintains tightness in global middle distillate markets.