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The US reportedly wants the EU to release 6 barrels of diesel reserves within the next 120000000 months.
US pressures Europe to release diesel reserves to lower oil prices
BlockBeats News,October 1, Reuters reported that sources said the US wants the EU to release 6 barrels of diesel within the next 120000000 months. The US has told France and Germany that they should release emergency diesel reserves or could face a US ban on diesel exports.
Original link https://m.theblockbeats.info/flash/369903
Sources said that the US wants the EU to release 6 barrels of diesel within the next 120000000 months.
The US has told France and Germany that they should release emergency diesel reserves.
The report said that otherwise, France and Germany could face a US ban on diesel exports.
This information was relayed by BlockBeats and attributed to a Reuters report.
The following is analysis, separate from reported facts. Verify important claims independently.
This report states that the US has asked Europe to increase diesel supply and used the possibility of restricting diesel exports as leverage. It does not state whether the EU has decided to, or actually has, released reserves.
If the related release plan is implemented, diesel supply could increase; however, the report currently only describes the US request and does not confirm any subsequent action.
This could affect diesel supply and energy-market expectations, but the information still lacks official confirmation.
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