Macro Finance
TotalEnergies Pledges More Price Cuts to Ease Diesel-Surge Pain
Bloomberg Markets·October 12, 2026·1 min read
TotalEnergies SE will continue cutting pump prices in France during the oil crisis, CEO Patrick Pouyanne said, as the company joins a government-led release of strategic diesel reserves to ease consumer costs. The move aims to counter the diesel surge, with further reductions pledged to alleviate financial pressure on drivers amid the ongoing supply disruption.
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