European Commission spokesman Olof Gill said on Thursday the EU is concerned by
reports that the US plans to ban diesel exports, warning such supply disruptions
could hurt markets on both sides of the Atlantic. Gill said high-level contacts
with the US government are ongoing and the EU expects consultation between close
partners before taking measures that affect shared markets. Reports said
Washington was preparing a 90-day diesel export ban after diesel prices surged
ahead of the midterm elections; US Energy Secretary Wright denied a ban and said
the government is considering voluntary, not compulsory, measures.