Product tanker markets shift amid Russian sanctions: Scorpio Tankers

Refined product sanctions coming into play offer new destinations for Russian diesel with changing trade flows, according to a presentation by Scorpio Tankers during the product tanker fleet operator’s fourth-quarter earnings call Feb. 16. Changing trade flow impacts Clean product exports from China increased in January 2023 from 800,000 b/d seen in December 2022 to 900,000 b/d, according to data…