Europe should draw down its emergency diesel stocks to bring prices down.
Qualifies
“Raiding an oil supply piggybank is no substitute for solving the underlying problem which is insufficient production relative to demand”
USA Today G7 releases 100 million barrels as a third carrier group sails toward Iran ›
Others on this question
“If the underlying disruption continues, you cannot keep drawing inventories indefinitely without eventually creating a much bigger supply problem”
“This is a time for a coordinated release of diesel stores as we go into harvest season, and we go into winter heating oil season. Now is the time to bring more diesel to the market”
“what Europe did was a great thing”