Diesel Prices Retreat on Talk of European Reserve Release
Diesel prices fell more than 4% as European officials met to discuss releasing strategic reserves of the fuel. Gasoil futures on ICE Europe, a benchmark for diesel on the continent, were down.
Diesel prices have eased after European officials met earlier today to discuss releasing strategic reserves of the fuel. ICE Europe gasoil futures, the continent’s diesel benchmark, fell more than 4% in recent trading. New York Harbor diesel futures are…