EU countries to discuss pressure to release diesel stocks
USO•The EU energy taskforce will meet Friday to discuss potential diesel stock releases, after the EU Commission and several countries discussed the issue Thursday. The Trump administration reportedly told Germany and France to draw down emergency diesel inventories or face a potential U.S. diesel export ban.
1. Taskforce meeting planned
The EU energy taskforce will convene Friday morning to discuss potential releases of diesel stocks, two EU diplomats said. The taskforce typically involves the EU’s 27 member countries.
2. Earlier discussions
The meeting follows a Thursday call between the EU Commission, Germany, France, Italy, Ireland and Britain about the possible need to release diesel stocks. The Trump administration reportedly told Germany and France to draw down emergency diesel inventories to help ease global fuel prices or face a potential U.S. diesel export ban.
