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Fuels: prices at the pump already on the rise

2021-01-04T17:38:06.024Z


Prices have increased every week for two months: 2021 begins in the same vein. Diesel was worth an average of 1.2 754 euros on Friday


The prices of road fuels sold at service stations in France started 2021 by continuing to rise, according to official data released on Monday.

Diesel, the best-selling fuel in the country, was worth 1.2754 euros per liter on average on Friday, up 0.81 cents from the previous week, according to data from the Ministry of Ecological Transition.

Prices have increased every week for the past two months.

Diesel was still worth 1.1968 euros on November 6.

The unleaded super 95 sold for 1.3693 euros last week, up 0.71 cents over one week.

SP95-E10, which contains up to 10% ethanol, rose 1.05 cents to 1.3537 euros.

Finally, the SP98 was sold for 1.4292 euros, posting an increase of 0.82 cents.

With vaccines, investors believe in recovery

Fuel prices at the pump vary depending on several parameters such as the price of a barrel of oil, the euro-dollar exchange rate, the level of stocks of petroleum products and demand, as well as taxes.

After a drop following the Covid-19 pandemic, oil prices have stabilized at modest levels.

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From the beginning of November, successive announcements on vaccines against Covid-19 pushed investors to buy oil, betting on a recovery in demand to come, which somewhat pulled prices up.

Source: leparis

All business articles on 2021-01-04

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