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2026-04-06 16:24:30
[Russian Crude Oil Exports Surge Nearly 9% Amid Trump's Tariff Rhetoric and Market Concerns, Global Supply Chain Faces Further Uncertainty] ⑴ Russia's Black Sea port of Tuapse plans to export 794,000 tons of petroleum products in April, an 8.7% increase from the 755,000 tons planned in March, with a significant increase in daily export volume. ⑵ Among specific categories, fuel oil exports saw the most significant increase, jumping from 210,000 tons in March to 266,000 tons, a 30.9% increase month-on-month; diesel (10ppm) is planned for export at 368,000 tons, a slight increase of 4.2% from the previous value. ⑶ Blended diesel and vacuum gas oil are planned for export at 40,000 tons and 30,000 tons respectively, representing month-on-month increases of 3.3% and 3.3%; naphtha is the only category to decline, with planned exports of 90,000 tons in April, a 15.5% decrease from 110,000 tons in March. ⑷ Meanwhile, Trump's tariff rhetoric continues to trigger global trade tensions, exacerbating concerns in the energy market about supply chain stability. Russia's decision to significantly increase oil exports at this time may be aimed at seizing market opportunities. (5) Traders pointed out that the surge of nearly 30% in fuel oil exports reflects Russia's bet on demand in Asia and emerging markets, while the moderate growth in diesel exports indicates that logistical obstacles remain on the European route, and the actual loading situation needs to be monitored in the future.
