The decrease in discounts on pump prices in the middle of this month had led to a significant and temporary increase in the rating.
The outbreak of price at the pump was only of short duration. Indeed, following the drop in rebates introduced by the State on the one hand, and TotalEnergies on the other, the fuel bill has started a downward trend in recent days.
Let us detail the figures published Monday, November 28 by the government.
-4 cts for diesel
Thus, diesel sold at an average price of 1.8611 euros per liter, or 4.48 cents less than the previous week, according to figures from the Ministry of Energy Transition stopped Friday, November 25.
As for unleaded petrol 95, displayed at the pump at 1.7565 euro per liter on average, it lost 2.63 cents. Unleaded 95-E10 was down 3.62 cents, for an average price of 1.7152 euros per litre.
A downward trend since mid-October
Fuel prices have been on a downward trend since the middle of the previous month, even, and we have reminded you, if they rose once more in mid-November following the planing of state rebates and TotalEnergies.
These discounts are 10 cents each to date, and they will remain in effect until December 31st.
Targeted aid in 2023
As for the coming year, government plans to help intended for motorists who, as stated by Gabriel Attal, “struggling to make ends meet”.
Aid that has not been further clarified by the Minister of Public Accounts.
Brent down
This time at the global level, North Sea oil prices and American WTI have fallen by around 14% since the beginning of the month due to economic uncertainties and the resurgence of the Covid epidemic in China, possibly causing a drop in supply and demand.
And in the short term, what trend for prices at the pump? On Monday, the IFP Énergies nouvelles institute estimated that the downward trend would continue in the coming weeks:
Since the beginning of the month, oil has lost more than 10 dollars per barrel, bringing it back to its level at the beginning of the year, before the war in Ukraine. The consensus of economists polled by Bloomberg as of Nov. 23 is also down with a median Brent price in 2023 at $96.3 per barrel..
