Analysis-Europe Boosts Russian Diesel Buying Ahead Of Ban Set To Rock Market
European traders are rushing to fill tanks with Russian diesel as the clock runs down on a Feb.
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European traders are rushing to fill tanks with Russian diesel as the clock runs down on a Feb.
LONDON (Reuters) - European traders are rushing to fill tanks with Russian diesel as the clock runs down on a Feb. 5 European ban expected to tighten supplies, re-draw global shipping routes and increase price volatility.
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The rising cost of energy has been highlighted as a major contributory factor after newly-published figures from the Office for National Statistics, or ONS, showed that a record number of companies went out of business in England and Wales in the three months to the end of June.