Chevron CEO Warns Against 'Unwise' Diesel Export Ban, Saying It Could Make Things Worse

insider.gr

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“Export bans, whether in the US or in other countries, actually remove supply from the global market and risk making the situation worse,” said Chevron’s CEO.

nafeza2world.com

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The CEO of American Chevron, Mike Weirth, President Donald Trump's administration, Wednesday, warned against proceeding with a ban on diesel exports, saying that...

SpaceMoney

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Chevron CEO tells CNBC that banning the export of diesel would take offer from the global market and could worsen the supply situation

Dagens industri

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US President Donald Trump has previously threatened to impose a ban on diesel exports in an attempt to bring down fuel prices. That would be “unwise” and risk damaging the country’s relations, warns oil giant Chevron CEO Mike Wirth, according to CNBC.

Reporter.gr

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Chevron chief executive Mike Wirth warned on Wednesday that it would be “unwise” for the Trump administration to ban diesel exports from the US, as such a move could worsen, rather than improve, the situation in the global fuel market. The United States has been a reliable supplier to the world at a time of great need,” Wirth told CNBC. “It would be unwise for the United States to cast doubt on our allies and partners about whether we will conti…