Oil hovers near $100 as analysts warn Trump diesel ban would 'tighten global supply'
Yahoo Finance·2026-09-23 21:03
Oil prices edged higher on Wednesday after President Trump floated a diesel export ban the previous day, with industry analysts warning that such a measure could backfire. Brent crude futures (BZ=F) for November delivery hovered near $100 per barrel while WTI (CL=F)) futures hovered around $90 a barrel. Trump said Tuesday that he would support a ban on exports of diesel fuel. "I've said let's not send out the diesel," the president said on the sidelines of the UN General Assembly. "We make a lot of diesel. ...