EU says oil supplies stable despite high diesel, jet fuel prices

EU says oil supplies stable despite high diesel, jet fuel prices

​The ​European Union's ‌oil and oil ​products supplies remain stable, ‌despite surging diesel and jet fuel prices that reflect tightening ‌global supply linked to the conflict ‌in the Middle East, the European Commission said in a ⁠statement ​on ⁠Tuesday.

The EU's oil refineries are ⁠responding well to market signals ​and running at near-maximum capacity ⁠to increase supplies, the Commission said, ⁠following ​a meeting on Tuesday of the EU's ⁠oil coordination group, where member ⁠countries ⁠share information on their fuel supplies.

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