Deep Tide TechFlow message, on September 24, according to Jintou Data, a White House official recently stated clearly that reports about the Trump administration considering implementing a diesel export ban are “fake news.” The statement directly responded to recent market rumors about policy.
Earlier, the market had reported that the U.S. might impose a 90-day diesel export restriction. After the news, U.S. ultra-low sulfur diesel futures temporarily fell by more than 7%, while European diesel futures rose by more than 7% due to concerns over supply. This official denial aims to dispel market doubts about energy trade policy.
Earlier, the market had reported that the U.S. might impose a 90-day diesel export restriction. After the news, U.S. ultra-low sulfur diesel futures temporarily fell by more than 7%, while European diesel futures rose by more than 7% due to concerns over supply. This official denial aims to dispel market doubts about energy trade policy.