The Biden Administration is urging American refiners to limit their fuel exports amid multi-year low domestic inventory levels, according to a letter U.S. Energy Secretary Jennifer Granholm sent to seven big refiners obtained by The Wall Street Journal. U.S. fuel exports have been rising in recent months as countries in Europe and some in South America are looking to source alternatives to Russian fuel.
In Europe, the looming EU embargo on Russian crude and products is prompting traders to source growing amounts of diesel from non-Russian sources.…Biden Administration Urges Refiners To Curb Fuel Exports
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