Emmanuel Macron welcomes the drop in diesel prices “without touching taxes” and “without demagoguery”

Emmanuel Macron welcomed, Monday, November 2, the start of a drop in diesel prices at the pump, welcoming the government measures. “Good news therefore, which encourages us to continue because prices remain high. And we remain humble and vigilant given the geopolitical uncertainties which remain” in the Middle East, said the head of state on the X network.

The average price of diesel was down, to 2.283 euros, in French service stations on Monday at 4 p.m., according to official data compiled by franceinfo. Also read "There is no magic wand": we explain why fuel prices are falling slightly, and why it may not last The government announced on October 12 to make ten million barrels of diesel from its strategic stocks available to distributors, in proportion to their 2025 market share, and over a period of three months, in the hope of reducing the price of a liter at the pump by 12 to 18 cents. This exceptional measure was decided to deal with the surge in fuel prices caused by the war in the Middle East launched by the United States and Israel at the end of February 2026.

“The result is there: more than ten cents per liter of diesel,” rejoiced Emmanuel Macron, welcoming a system put in place “without touching taxes” and “without demagoguery”, while several political parties have been campaigning for several weeks to block diesel prices or lower fuel taxes.

Machine-translated from French