Report
Fuel and crude cargoes to parts of the US reportedly drop after White House narrows shipping waiver
Bloomberg reports the drop risks even higher pump prices and is frustrating oil traders.
TLDR
Bloomberg reported on October 7 that cargoes of American-made fuel and crude to parts of the US that badly need them had dropped in recent weeks. The decline followed the White House’s decision to pare back a waiver of longstanding shipping requirements. Bloomberg says the drop raises the risk of even higher pump prices and frustrates oil traders.
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