Market news
Trump’s DOE offers 40M oil barrels, but weak buyer interest highlights global refining bottlenecks, this analyst says.
President Trump said he is "very seriously" considering a ban on diesel exports. But such a move could drive U.S. gas prices sharply higher, analysts said.
The threatened proposal aims to protect US consumers from rising costs, but it could trigger major economic waves if it were to happen.
Analysts warn an export ban could backfire, pushing up global diesel prices and potentially triggering higher U.S. gasoline prices as refiners adjust.
The fate of Citgo may be decided by whether the Trump administration opts to hand it to Elliott or Venezuela.
Trump might not follow through on an export ban, but if he does, it could cause more harm than good for Americans -- and energy stocks might suffer, too.
US president’s suggested 90-day export ban before midterm elections could bring even higher fuel prices across Europe
Industry groups urge Trump to reject diesel export limits, warning they would tighten supplies, raise fuel prices and weaken U.S. influence.
Texas is now the country's biggest producer of solar-farmed electricity.
VDE's traditional oil holdings delivered 46.8% returns over one year, while ICLN's renewable focus saw deeper volatility and a 57.2% maximum drawdown.
A diesel export ban would provide only brief relief before prices start to rise again as refiners cut production, experts say.
An export ban likely would slow U.S. refining and eventually push up all fuel prices, including gasoline, jet fuel, and diesel.
US Energy Secretary Chris Wright has publicly opposed calls for a ban on US diesel exports, arguing on Wednesday that the measure would backfire by increasing gasoline and jet fuel prices.
This is the newest page. Registered accounts read further back.