Shares of energy companies fell, but not by as much as the broad market, as Russia sought to curb exports.
Oil closed just below the psychologically significant $90-per-barrel level after the Russian government said it was temporarily banning exports of gasoline and diesel.
French oil major TotalEnergies will propose the renewal of Patrick Pouyanne's mandate as chairman and chief executive at its general meeting in May, a vote of confidence in his efforts to steer the company through years marked by the energy transition and an evolving geopolitical landscape.
Natural gas futures fell 4.5% to $2.61 per million British thermal units, bringing two-day losses to 8.4% as slowing liquefied natural gas exports and milder weather crimped demand.
The U.S. Department of Energy plans to ask biofuels industry stakeholders for input on how the government can help "rapidly develop" sustainable aviation fuel supply chains.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
09-21-23 1703ET
