BREAKING: Oil jumps as Russia announces fuel export ban

Russia informed today that it will enact a temporary ban on gasoline and diesel exports. This will be a full ban and will take effect from today (September 21, 2023). It was explained that the decision on a ban is driven by willingness to lower prices for domestic consumers in Russia. However, details are scarce at this point. It should be noted that delivery contracts are usually long-term in nature and real question is how, and whether, the ban will apply to those.

Oil is recovering after from declines made yesterday and today during the Asian session. WTI (OIL.WTI) climbed above $90 per barrel while Brent (OIL) trades near $93 per barrel.

Source: xStation5

22 September 2026, 6:39 AM

Morning Briefing: Global Markets Riding AI Wave, Rising Geopolitical Tensions, and Hawkish Central Banks (22.09.2026)

21 September 2026, 6:51 PM

Daily Summary: Optimism returns, chips rise, oil falls.

21 September 2026, 4:43 PM

Oil sell-off supports the broader market.

21 September 2026, 11:49 AM

Chart of the Day: European Gas (NATGAS.EU) below 80 EUR, but Goldman Sachs warns of 105 EUR/MWh.

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