Intelligence Feed event · Commodity · 2026-07-11

    Russia bans diesel exports, tightening global middle‑distillate supply

    Question

    Russia bans diesel exports, tightening global middle‑distillate supply

    Direct answer

    ICE gasoil futures benchmark (LCOc1/GOc1) spiked as traders priced in reduced Russian supply, while broader crude benchmarks such as Brent (BRN00) saw additional support from refined product tightness.[6]

    Original publisher
    Market Ontology
    Evidence through
    2026-07-11
    Published
    2026-10-20
    Revision
    1 · 2026-10-20

    Cite as: Market Ontology, “Russia bans diesel exports, tightening global middle‑distillate supply”, revision 1, evidence through 2026-07-11. https://marketontology.com/market-events/2026-07-11/russia-bans-diesel-exports-tightening-global-middle-distillate-supply-38ac83

    COMMODITY
    Russia bans diesel exports, tightening global middle‑distillate supply
    ICE gasoil futures benchmark (LCOc1/GOc1) spiked as traders priced in reduced Russian supply, while broader crude benchmarks such as Brent (BRN00) saw additional support from refined product tightness.[6]
    ICE GASOIL FUTURESBRN00
    Impact
    90
    JUL 11
    SIG
    ICE GASOIL FUTURESBRN00
    Russia bans diesel exports, tightening global middle‑distillate supply
    ICE gasoil futures benchmark (LCOc1/GOc1) spiked as traders priced in reduced Russian supply, while broader crude benchmarks such as Brent (BRN00) saw additional support from refined product tightness.[6]
    Impact
    ICE gasoil futures benchmark (LCOc1/GOc1) spiked as traders priced in reduced Russian supply, while broader crude benchmarks such as Brent (BRN00) saw additional support from refined product tightness.[6]
    Affected
    ICE GASOIL FUTURESBRN00
    Source facts

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    What happened next

    Price follow-up pending — no stored daily closes for these assets yet.

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    Sources

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