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Market Impact: 0.2

Limiting Oil Exports Would Be a Mistake, McNally Says

Transportation & LogisticsEnergy Markets & PricesCommodities & Raw MaterialsRegulation & LegislationElections & Domestic Politics

President Trump extended a 90-day shipping waiver, making it easier to move oil, fuel, and fertilizer across the US. Rapidan Energy Group founder Robert McNally said the impact would likely help only "on the margins," suggesting a limited operational benefit rather than a major market shift.

Analysis

President Trump extended a 90-day shipping waiver, making it easier to move oil, fuel, and fertilizer across the US. Rapidan Energy Group founder Robert McNally said the impact would likely help only "on the margins," suggesting a limited operational benefit rather than a major market shift.

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