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President Donald Trump signaled hes cooling on banning U.S. diesel exports given the risk of unintended price increases, while a senior administration official suggested Europe could soon release new diesel supply into the market. Trump told reporters hes still discussing restricting diesel exports with Energy Secretary Chris Wright and Interior Secretary Doug Burgum, but acknowledged they warned a full export ban could have unintended consequences. They think it would help the diesel market, but it might raise prices on other commodities, Trump said. I think right now its in good shape because oil is going to start going down. It seems like it would have a negative impact on gasoline, gasoline would go up slightly, and diesel would go down slightly, and we think were in very good shape right now. White House officials are also weighing a range of options far short of a full export ban to lower diesel costs, according to people familiar with the matter. Those include encouraging some European countries that are heavily reliant on U.S. diesel to release some of their stockpiles.