Nymex Overview: ULSD Down After Diesel Export Restriction Talk — OPIS

Diesel contracts were lower around midday Wednesday after U.S. Energy Secretary Chris Wright said the Trump administration wouldn't outright ban exports of diesel but rather would implement restrictions.

At 12:10 p.m. ET, the more-active November ULSD futures were down 9.15cts to $4.6710/gal and October ULSD was 9.45cts lower to $4.8475/gal. November RBOB, however was 7.2cts higher to $3.2945/gal and October RBOB was up 4.5cts to $3.5325/gal.

In an interview at the Wall Street Journal's Journal House during the United Nations General Assembly in New York City, Wright said the administration wouldn't stop all exports of diesel. He said the administration has to keep the world supplied with diesel but needs to change the trajectory of prices in the U.S. -- and the plan would be voluntary.

November WTI was up about $2.20 to $92.70/bbl. London-based November ICE Brent was $3.45 higher to $102.70/bbl.

The energy market is also digesting the latest weekly petroleum data from the Energy Information Administration. For the week ended Friday, both U.S. distillate and gasoline stocks fell, while crude oil inventories increased during the period.

This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal.

Reporting by Frank Tang, frank.tang@dowjones.com; Editing by Dean Visser, dean.visser@dowjones.com

(END) Dow Jones Newswires

September 23, 2026 12:56 ET (16:56 GMT)