OPEC+ expected to leave December output quotas unchanged

Eight OPEC+ producers are expected to keep their December production targets unchanged when they meet on Sunday, as attention shifts toward setting new output baselines for 2027.

Eight OPEC+ producers are expected to keep their December production targets unchanged when they meet on Sunday, as attention shifts toward setting new output baselines for 2027.

A group of sanctioned Russian tankers were stranded for up to two weeks near the Vilkitsky Strait on the Northern Sea Route in July, highlighting the limits of Moscow's Arctic export ambitions despite record crude and LNG volumes this year.

A tanker carrying about 300,000 barrels of Russian diesel left Primorsk for New York, where it is due on November 7, as US diesel prices climbed to $6.3172 a gallon, up from $6.3090 a day earlier.

Russian Deputy Prime Minister Alexander Novak said Moscow will send its first diesel cargo to the United States on October 22 and may fully restore diesel exports by year-end.