Investing
France’s Le Maire urges TotalEnergies to maintain cap on fuel prices
© Reuters. FILE PHOTO: A view shows a logo of TotalEnergies at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. REUTERS/Sarah Meyssonnier/File Photo
PARIS (Reuters) – French Finance Minister Bruno Le Maire said he wanted French oil giant TotalEnergies (EPA:) to maintain a cap on fuel prices beyond Dec. 31, adding his priority was to accelerate the fight against inflation.
Le Maire also told Franceinfo radio French inflation was easing but not fast enough.
“It’s up to (TotalEnergies CEO) Patrick Pouyanne to take this decision, but I welcome the choice that Total has made over the past several months and…I trust him to take into consideration the difficulties of our compatriots”, Le Maire said.
Pouyanne said last week that the company, which at the end of August announced it would extend the cap on fuel prices at 1.99 euros per litre until the end of this year, could consider prolonging the measure in 2024.
“This measure will be applied until the end of the year. We will look at the issue for 2024,” he said.
Read the full article here
-
Side Hustles7 days ago
Mark Zuckerberg Is Now Second Richest Person in the World
-
Investing7 days ago
Nvidia CEO Jensen Huang: Demand For Blackwell AI Is Insane
-
Side Hustles7 days ago
Meta Previews Movie Gen, AI Tools That Turn Dreams to Videos
-
Investing5 days ago
Hurricane Helene Hits Spruce Pine Mine, Quartz Used for Tech
-
Side Hustles6 days ago
5 Key Strategies for a Seamless Cloud Migration
-
Investing6 days ago
Israel stocks lower at close of trade; TA 35 down 0.23% By Investing.com
-
Investing7 days ago
BCA says investors should fade the real estate rally By Investing.com
-
Passive Income6 days ago
Go Paperless with the PDF Reader Pro for $49.99