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Russia, Germany Add Diesel Supply as Fuel Market Scrambles for Barrels

Russia, Germany Add Diesel Supply as Fuel Market Scrambles for Barrels

Oil prices moved lower after Trump's announcement, with WTI dropping to around $91 per barrel Friday afternoon.

Diesel and heating oil will move first, followed by crude.

Germany and France alone are now putting 25 million barrels into the release effort.

Together, though, Russian exports and European stock releases give diesel buyers something they have had very little of this year: additional barrels arriving from more than one direction.

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