Germany's national oil reserve EBV issued a tender on Friday to sell diesel, heating oil, and crude oil from strategic reserves, according to a document. A trader who received an invitation to purchase oil from strategic reserves said that this is the first time that Germany has released strategic oil reserves since the G7 reached a relevant agreement in early October. Under pressure from US President Trump, the G7 agreed to release 100 million barrels of oil from emergency reserves to ease market tension. For Trump, diesel prices, which have repeatedly reached new highs, have become an important issue in the November 3 midterm elections.

Germany's national oil reserve EBV issued a tender on Friday to sell diesel, heating oil, and crude oil from strategic reserves, according to a document. A trader who received an invitation to purchase oil from strategic reserves said that this is the first time that Germany has released strategic oil reserves since the G7 reached a relevant agreement in early October. Under pressure from US President Trump, the G7 agreed to release 100 million barrels of oil from emergency reserves to ease market tension. For Trump, diesel prices, which have repeatedly reached new highs, have become an important issue in the November 3 midterm elections.