CommoditiesOctober 1 at 05:28 AM

The European Union is seeking to form a unified position on releasing diesel reserves, after the US called for diesel stock releases, reports suggest

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The EU was reported to be seeking a unified position on diesel-reserve releases. A related report states the US sought 120 million barrels over six months; no EU decision or release is established.

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The US has reportedly told France and Germany to release emergency diesel stocks or face a possible export ban, according to sources

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[MARKET UPDATE] Energy benchmarks continue to climb (Brent +1.1%), lifting bond yields (UK 30yr 6%) and weighing on the equity space; European tech sector now flat after opening +0.5%; fresh newsflow light