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The Economic Times

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US diesel futures fall on report of export ban plan; White House calls it fake news

United States White House Donald Trump Chris Wright Europe Russia Saudi Arabia

US ultra-low-sulfur diesel futures fell more than 6% on Wednesday after Politico reported that the administration of President Donald Trump was preparing a plan to ban diesel exports for 90 days, Reuters reported.

The October futures contract was last trading at $4.7512 a gallon, down 3.9%.

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