2023-06-06 05:41:00
A snatch agreement closed the meeting of OPEC, the organization of the petroleum exporting countries: the reductions in oil production are extended until 2024. What does this mean concretely for us consumers?
Is the price of gasoline at the pump too expensive? Citizens interviewed in the street think so: “I think everything is going up, so we’re a little used to the general rise in prices”, says one consumer. “It’s priceless, it’s starting to get a little too expensive. It has to go down a bit because there, it’s starting to become nonsense”said another.
The oil-producing countries want to reduce their production under pressure from Saudi Arabia: one million barrels less per day. This might have an impact on the price of gasoline, but it will all depend on supply and demand.
“If there is an economic slowdown, we will have a surplus of product on the market and therefore, we will have a drop. If there is a good economic recovery, we risk having a good demand. higher than supply and a price increase”explains Olivier Nerinckx, spokesperson for the Federation of Fuel and Fuel Dealers.
Impossible for the moment to know if the fuel will see its price increase or decrease in the long term, because this price difference will only be observable at the pump within two to three months minimum.
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