US Diesel Futures Drop Over 5 Percent
Reports indicate that the US futures contracts for low-sulfur diesel fell by more than 5% after a report suggested that the Trump administration might implement a plan to ban diesel exports for 90 days. The contract price traded at $4.72 per gallon, down by 4.5%. Additionally, the average price of a gallon of diesel in the United States reached a record high of $6.53, amid reports of shortages and supply disruptions in some states, reflecting rising prices and the significance of the issue on the international stage.
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