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The Economic Times
The Economic Times

Boosting US oil supplies with Russian diesel unlikely to have much impact on prices: Experts

A new pact that calls for Russia to boost the U.S. supply of diesel over the next few months is unlikely to make a dent in painfully high prices at the pump or elsewhere, energy policy experts say.

President Donald Trump announced Friday that he had struck a deal with Russian President Vladimir Putin to immediately supply the U.S. more than 300,000 tons of diesel. That would be followed by an additional 500,000 tons in November, then 4 million more tons at some point after that.

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