Europe Has ‘Decent Cushion’ of Diesel Reserves: SocGen
Societe Generale's global head of FIC and commodities research stated that Europe has a decent cushion of diesel reserves in its strategic petroleum reserve. France has proposed that developed nations release reserves to ease surging prices at the pump.
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At publication → CurrentBRENTOIL99.87 → 102.22+2.4%
CL89.32 → 91.13+2.0%