Could Fuel Prices Be Heading Lower?
Head of the Association of Fuel Station Owners George Brax wrote on his X account: “U.S. President Donald Trump’s decision to back away from his plan to ban diesel exports from the United States, along with the G7’s decision to release 100 million barrels of diesel and crude oil from their strategic reserves over four months, will ease pressure on demand in international markets and push oil and fuel prices lower ahead of the U.S. midterm elections.”
Brax also posted the attached image.
