A decree has been published with a view to releasing strategic stocks of diesel to lower prices at the pump
The text authorizes the sale of strategic stocks for a maximum volume of 1.6 million cubic meters. Sébastien Lecornu's government hopes to reduce the price of diesel by 12 to 18 cents per liter.
He was expected. A decree setting the economic conditions for the release of strategic diesel stocks announced at the beginning of October by the Prime Minister, Sébastien Lecornu, was published on Saturday October 24 in the Official Journal. This measure provides for an impact on consumers from November 1.
Also read: Map Follow live the explosion in gasoline and diesel prices and stock shortages at service stations in France Concretely, the text authorizes the sale of strategic stocks for a maximum volume of 1.6 million m3, or approximately 10 million barrels, until January 31, according to a distribution by distributors and at a price which will be fixed by decree. The government thus hopes to reduce the price of diesel by 12 to 18 cents per liter, which has fluctuated between 2.3 and 2.4 euros on average since the beginning of October, according to government figures. Evolution of prices at the pump since January 2026In mainland France and CorsicaSource: calculation of the average daily price from statements by service station published on fuel prices.
govt. fr. The decree provides for the obligation for distributors to pass on the price reduction in full to consumers and to inform them before the sale.
“This repercussion can also take place in advance from November 1,” specifies the decree. Extension of the help desk The provision of stocks from the Société Anonyme de Gestion des Stocks de Sécurité (Sagess) is usually in the form of a loan, with restitution within one month. But a sale at the weighted average acquisition cost was favored in this case.
The decree also provides for regular transmission to the authorities of sales reports and the repercussions of the decline by distributors, for control purposes. A separate decree published on Saturday also extends the aid window for the purchase of non-road diesel for agricultural work until December, up to 15 cents per liter. Another decree must reopen this window to latecomers for the months of April to June, farmers having not consumed the entire envelope, which amounts to more than 50 million euros per month.
Machine-translated from French
Why it is marked verified
2 independent newsrooms report this story. 20 Minutes published it first, 5 h before the last one.
- 20 Minutes24 Oct, 10:54Diesel: A decree published with a view to releasing strategic stocks and reducing the price at the pump ↗Figures: 1.6 millions · 18 centimes
- Franceinfo24 Oct, 16:07A decree has been published with a view to releasing strategic stocks of diesel to lower prices at the pump ↗Figures: 1.6 millions · 18 centimes
- 1.6 millions (Franceinfo, 20 Minutes)
- 18 centimes (Franceinfo, 20 Minutes)
| Publisher Franceinfo (established tier) | +76 |
| Checkable figures cited | +3 |
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