Will the Release of Further European Emergency Reserves Lower Diesel Prices?
TL;DR
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The EU is considering releasing diesel emergency reserves with the IEA to lower prices. A release of 50 million barrels of diesel could reduce wholesale prices by $20 to $30 per barrel, likely impacting pump prices in the short term.
Source: euronews.com
Same event
- European Governments Mitigate Fuel Price Shock
- EU Energy Commissioner: Release of Strategic Reserves Possible in Case of Diesel Shortage
- Will the Release of Further European Emergency Reserves Lower Diesel Prices?
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