Business & Economy · 3 views
Chevron CEO warns against 'unwise' diesel export ban, saying it could make things worse
The chief executive of U.S. oil giant Chevron on Wednesday warned that it would be "unwise" for the Trump administration to move forward with a diesel export ban , saying the policy risks worsening the supply situation.
AI Summary
Chevron’s chief executive cautioned that a ban on diesel exports would be “unwise” and could worsen the market. He made the remarks while rising crude shipments from the Middle East and an emergency release from the G7’s strategic stockpile have begun to allay supply concerns.
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