Coin Bureau|Sep 24, 2026 12:50
⚡️BREAKING: The U.S. is considering "voluntary diesel export cuts" instead of a FULL BAN or QUOTA, reveals Energy Sec. Chris Wright, the WSJ reports.
A FULL export ban would instead FAVOR Brent-exposed producers and international oilfield service companies.
"Trump’s diesel ban would hurt America and help China," per FT.
Citi says the move could REVERSE recent energy equity trades while having limited impact on WTI crude.
U.S. crude inventories unexpectedly ROSE last week as refineries slowed runs and net imports increased.
The Brent-WTI spread has widened to around $11 per barrel as global diesel markets remain under pressure.
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