
TotalEnergies is reducing its prices at the pump while large French groups borrow at rates lower than those of the State.
AI-generated summary
The current situation of corporate borrowing rates in relation to the State has not been observed since 2011-2012.
Fuels: TotalEnergies commits to lowering prices at its stations by 8 to 12 cents per liter
Patrick Pouyanné also announced a drop of 20 cents in the price of a liter of non-road diesel (GNR), after a fuel destocking which should start at the beginning of November.
“Such a phenomenon has not been seen since 2011 and 2012”: why large French groups borrow cheaper than the State
DECRYPTION - With the deterioration of public accounts, many multinationals are perceived by investors as safer. A situation, unprecedented in its speed and scale, which is shaking up habits.
AI outlook — possibilities, not facts
Start of fuel destocking at the beginning of November.
Very likely · Within days

A day of mobilization is planned for Saturday October 17, coinciding with the start of the All Saints' Day holidays, against a backdrop of high school anger and the potential return of the yellow vests.

Russia said it has sold more than $320 billion worth of hydrocarbons to European countries since 2022, despite sanctions. Russian Deputy Prime Minister Alexander Novak specified that $21.3 billion in purchases took place during the first nine months of 2026. The EU continues to import Russian energy, while certain states benefit from exemptions. The Swedish Foreign Minister has proposed seizing Russian assets frozen in the EU.

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Prime Minister Sébastien Lecornu announced a drop in diesel prices from November 1 thanks to the destocking of 10 million barrels, with an expected reduction of 12 to 18 cents at the pump. TotalEnergies has committed to lowering its prices by 8 to 12 cents for individuals and 20 cents for GNR, while cash advances will be offered to rural stations to pass on the reduction immediately.

The French government is releasing 10 million barrels of strategic diesel stocks to reduce pump prices by 12 to 18 cents from November 1. The measure will last three months, with specific conditions for TotalEnergies.

The price of diesel in France fell for the third consecutive week, standing at 2.3283 euros per liter. Gasoline prices remain stable. This trend could be accentuated with the release of strategic stocks planned for November.