A calculation using an Associated Press estimate and U.S. Energy Information Administration (EIA) data puts a Russian diesel cargo tracked toward New York at about 1.9 hours of recent U.S. distillate product supplied.
The Associated Press (AP) estimated the cargo at about 300,000 barrels. S&P Global Energy’s Commodities at Sea tracking data list the Malta-flagged Agioi Fanendes for New York after it departed Primorsk on Thursday, Oct. 22, with arrival estimated for Nov. 6-7.
S&P Global estimates the tanker will carry about 40,000 metric tons of diesel, but the exact volume loaded has not been confirmed. The company cautioned that the ship’s route could change while it remains in the Baltic.
The EIA reported U.S. distillate fuel product supplied at 3.732 million barrels per day for the week ended Oct. 16. At that rate, 300,000 barrels equate to about 1.9 hours of flow; the measure includes fuels beyond diesel alone. The EIA’s U.S. on-highway diesel average was $6.276 per gallon for the week of Oct. 19, up 9.7 cents from the previous week.
President Donald Trump said Russia would supply more than 300,000 tons immediately, followed by 500,000 tons in November and 1 million tons after that. His post did not specify whether the tons were metric or U.S. short tons. S&P Global said the buyer and seller had not been identified, and public statements have not linked this vessel to Trump’s schedule.
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) issued General License 135 on Oct. 9, authorizing specified transactions involving Russian-origin diesel, including imports to the United States, until 12:01 a.m. Eastern Daylight Time on April 7, 2027.
The Russian government separately said 500,000 metric tons of diesel could go to global markets at that stage. Interfax reported that Russian Deputy Prime Minister Alexander Novak said on Friday, Oct. 23, that companies could export 500,000 metric tons in October. The public announcements do not explain how those Russian figures correspond to Trump’s schedule.
Trump described farmers, ranchers and truckers as intended beneficiaries of his plan. Russian Finance Minister Anton Siluanov said exports would support Russia’s balance of payments and indirectly benefit its budget through taxes paid by oil companies.
The vessel’s current Nov. 6-7 arrival window remains an estimate and could shift if its route changes.
