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TotalEnergies Pledges More Price Cuts to Ease Diesel-Surge Pain

Bloomberg Markets Monday 12 October 2026, 15:08 UTC By Francois de Beaupuy 1 min read
Key Points

TotalEnergies Pledges More Price Cuts to Ease Diesel-Surge Pain TotalEnergies SE will continue to bear down on pump prices in France through the current oil crisis, as it participates in a government-led release of strategic diesel reserves to further ease consumer costs, Chief Executive Officer Patrick Pouyanne said. The French oil major will make varying price cuts for diesel and heating fuel from Nov. 1 to Jan. 31 to help customers including farmers, fishermen, and construction firms,...

TotalEnergies Pledges More Price Cuts to Ease Diesel-Surge Pain TotalEnergies SE will continue to bear down on pump prices in France through the current oil crisis, as it participates in a government-led release of strategic diesel reserves to further ease consumer costs, Chief Executive Officer Patrick Pouyanne said. The French oil major will make varying price cuts for diesel and heating fuel from Nov. 1 to Jan. 31 to help customers including farmers, fishermen, and construction firms, with road diesel trimmed by about 10 euro cents a liter. That’s as the company distributes part of the government’s strategic reserves, the CEO added.
TotalEnergies Pledges More Price Cuts (ORG) France (LOCATION) Patrick Pouyanne (PERSON) French (ORG)
Originally published by Bloomberg Markets Read original →

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