Market Chatter: TotalEnergies Vows to Cut Diesel, Heating Fuel Price Cuts in France

MT Newswires Live10-12 23:37

TotalEnergies (TTE) will make varying prices cuts to diesel and heating fuel from Nov. 1 to Jan. 31, 2027 to help French farmers, fisherman and construction firms navigate the current oil crisis, Bloomberg reported Monday, citing comments from Chief Executive Patrick Pouyanne.

Road diesel will be trimmed by about 10 euro cents ($0.11) per liter, the report said, citing the CEO.

TotalEnergies didn't immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 88.22, Change: +2.11, Percent Change: +2.44

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