The American Petroleum Institute warned against policy moves that could harm the global economy, amidst a premium of over $95 per barrel for Brent crude, while calls opposed a ban on US diesel exports.
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What happened
The American Petroleum Institute warned against policy moves that could harm the global economy, amidst a premium of over $95 per barrel for Brent crude, while calls opposed a ban on US diesel exports.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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American Petroleum Institute
U.S. trade association for the oil and natural gas industry
- Brent
Related events
- Brent crude prices are rising, and Doug Burgum has advised against any restrictions on oil exports.
- Brent crude prices reacted to supply reports, while the Fed hiked interest rates to curb inflation.
- Refinery shutdowns and geopolitical attacks are limiting oil export capacity and affecting inflation targets.
- Risk premium drives Brent crude prices higher as talks on route access and sanctions relief remain stuck.
- The American Petroleum Institute opposes a proposed ban on diesel exports, while AAA reports record high US diesel prices.