Russian diesel may be sold to Brazil instead of the US

Russian diesel fuel has been offered to Brazilian distributors after no tankers were accepted at U.S. ports.

Plans to deliver cargoes to the largest U.S. oil hub have been thwarted by domestic political opposition to doing business with Russia, according to Bloomberg.

At least four tankers of Russian diesel fuel are on offer this month, said Sergio Araujo, president of the Brazilian Association of Fuel Importers.

Brazilian traders confirmed that they were offered Russian diesel fuel last week, but said the prices were not attractive compared to U.S.-made fuel. If the Russian deliveries find Brazilian buyers, the 1.1 million barrels would be almost double the amount the country imported from Russia in October, according to customs data.

According to estimates by Kpler, a company specializing in maritime analytics, the vessels Leruo, Cerrado, Primorye and Athina M are heading to Brazil after loading in the Russian port of Primorsk.

As a reminder, the US previously stated that the tanker Agioi Fanendes with a Russian diesel engine, which stopped off the east coast of the country, will eventually be unloaded at another port.