Latest Fuel Price Trends in France: Decreases for Second Consecutive Week

2024-01-16 08:00:25

According to information published by the Ministry of Ecological Transition, fuel prices in France have decreased for the second week in a row. The average price of the Super SP95-E10 fell by 0.7 centsstanding at 1.7645 euros, while diesel saw a drop of 0.5 cents, to reach 1.7227 euros. This downward trend comes following more significant reductions the previous week.

Second consecutive drop in fuel prices

The president of the fuel distributor branch of the Mobilians professional union, Frédéric Pousse, provided details in an interview with Free Maine. He stressed that the price of a barrel of oil is currently at an average level, despite certain geopolitical tensions.

Global oil demand remains moderate and Saudi Arabia, the main exporter, even offers discounts to certain partner countries. Furthermore, China, the largest consumer, is facing a slowdown in growth. These factors contribute to the relative stability of oil prices.

« Even if the international situation is difficult, particularly with the conflict in the Middle East, there are, for the moment, no effects on the price of a barrel, which remains rather stable “, he explains. However, Frédéric Pousse warns once morest excessive optimism, saying it is unlikely to return to the pump prices of ten years ago.

France not so bad off

This situation is mainly due to a 15 cent increase in fuel taxation. He cites the example of a service station in Pau, where a human error had briefly lowered the price to less than one euro per liter, recalling that such situations are exceptional and not representative of the general trend.

We reassure ourselves as best we can. The situation in France contrasts with that of Cuba, where, due to a serious economic crisis, gasoline prices will increase from February 1st by approximately… 500%! This involves reducing the country’s budget deficit. This difference marks economic disparities and varied energy policies on a global scale.

1705398525
#Fuel #prices #return #level #years

Leave a Replay