CommoditiesIMPORTANT

President Macron says France in a few weeks gas storage will be at 80% capacity; maybe we could think about releasing strategic oil reserves in a coordinated way; US decision to ban diesel exports would be bad

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President Macron reported France's gas storage will hit 80% soon, suggested coordinated strategic reserve releases, opposed diesel export bans, and rejected extra oil company taxes.

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With additional taxes on oil companies, we would not have lower fuel prices.

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