Would access to Russian diesel help drive down prices in the U.S.?

What happened: President Trump said Russia will supply more than 300,000 tons of diesel immediately, 500,000 tons in November, and 1 million tons after, after the U.S. issued a license allowing Russian diesel sales. Key numbers: U.S. diesel averaged $6.27 a gallon Monday, a record $6.53 on Sept. 22, and $3.73 in late February. California averaged $8.38. The U.S. consumes about 4.1 million barrels daily. Why it matters: Energy experts and analysts said the volumes are modest versus global demand and may not lower U.S. prices, while six senators urged the administration to reverse the plan.

Russian diesel access could lower U.S. prices, a key commodity catalyst.

Russian diesel access could lower U.S. prices, a key commodity catalyst. — impact context not separately stored; see What changed.