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U.S. administration considers voluntary diesel export cuts instead of a ban, WSJ reports; Citi sees limited WTI impact
The U.S. administration is considering voluntary diesel export cuts instead of a ban or quota, according to the Wall Street Journal. Citi says this could reverse recent energy equity trades, with limited impact on WTI crude prices. The Brent-WTI spread has widened to around $11 a barrel amid global diesel market volatility.
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