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GgoogleES first seen 2 d ago, last 12 h ago, peak #2

Fuel prices ease as France releases diesel reserves

Original: diésel

Spanish petrol prices have fallen 4.6%, ending 13 straight weeks of increases, after the government's latest tax cut on fuel. The move comes as International Energy Agency members agreed to accelerate the release of 100 million barrels of crude reserves, with France announcing it will release 10 million barrels of diesel specifically. The coordinated releases aim to ease pressure on pump prices.

Why now: Fuel prices and strategic reserve releases are in the news following Spain's tax cut and the IEA's coordinated action

FranceInternational Energy AgencySpain

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