The Zhitong Finance App learned that French Minister of Economy Roland Lescure (Roland Lescure) said before the EU Energy Ministers Meeting in Luxembourg on Thursday that as part of a promise to calm oil prices, Europe will put 42 million barrels of oil reserves on the market over the next three months, half of which is diesel. The 10 million barrels of diesel announced by France last month will enter the market in the near future, and the cooling effect on prices can be seen as early as next week; this batch of reserves is supplied at cost, which is expected to reduce the retail price of diesel by 12 to 18 euro cents per liter.

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