Business · Energy & Commodities · 1 hr ago
Leclerc predicts lower fuel prices in France in November
Michel-Édouard Leclerc, head of the E.Leclerc retail group, says fuel prices in France should fall in November.
The government has announced plans to release 10 million barrels of diesel from the country’s strategic reserves.
Fuel distributors would be able to buy the stocks at prices from before the oil crisis.
Leclerc said the plan could bring lower prices at the pump if it is carried out as proposed.
He also said putting the process in place would be complex.
Prime Minister Sébastien Lecornu was due to meet fuel distributors on October 12 to explain the details.
The planned release is intended to make more diesel available to distributors at lower prices.
Michel-Édouard Leclerc predicted that fuel prices in France would fall in November.
The E.Leclerc centres president linked the expected reductions to the planned release of 10 million barrels of diesel from France’s strategic reserves.
The fuel stocks will be made available to distributors, who will be able to buy them at prices from before the oil crisis.
Leclerc said the process would be complex and made his prediction conditional on the operation being carried out as the government proposed.
Prime Minister Sébastien Lecornu was due to meet fuel distributors to explain the details.
- Who
- Michel-Édouard Leclerc, president of the E.Leclerc centres, made the prediction.
- What
- He predicted fuel prices would fall in November, linked to a planned release of diesel from strategic reserves.
- When
- He made the prediction on 12 October 2026. He expected the price reductions in November.
- Where
- France.
- Why
- The planned release of 10 million barrels of diesel would let distributors buy stocks at prices from before the oil crisis.
This story does not have two clearly opposing sides.
If this operation is set up as the government proposes, there will be price reductions at the pump in November
It is a very good operation
It is good that Mr Lecornu is easing up
Sébastien Lecornu announced the release of 10 million barrels of diesel from France’s strategic reserves.
Leclerc said he expected fuel prices to fall in November if the government’s proposed operation went ahead.
Lecornu was due to meet fuel distributors to give them details of the operation.
- Expected price reductions
- November 2026
- Planned diesel release
- 10 million barrels
- Speaker
- Michel-Édouard Leclerc
- Announced by
- Sébastien Lecornu
- Article date
- 12 October 2026
Sources
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