China Bans Fuel Exports Amid Global Diesel Crunch
China imposed a ban on all fuel exports for the month amid tighter global fuel stocks than ever before. Russia maintains a months-long diesel export ban while the US has threatened Europe with a diesel export ban unless European countries release fuel from storage.
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At publication → CurrentBRENTOIL100.22 → 102.21+2.0%
CL88.75 → 91.19+2.7%