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Fuel sales plummet in France

2020-04-05T20:09:28.980Z


The Union of Petroleum Industries portrays an absolute slump. Distribution and refining are slowing down.


"Dizzying." This is the epithet used by Olivier Gantois, the president of the French Union of Petroleum Industries (Ufip), to describe the fall in demand for petroleum products observed since the start of containment. According to several players, since mid-March, fuel consumption has dropped by around 70%. For jet fuels - aircraft fuels - the drop reaches 95%: medical flights and cargo flights are no longer authorized. "In this absolute doldrums for our industry, only one product segment is doing a little - well, domestic fuel ," explains Olivier Gantois. This corresponds to buying opportunities: customers who heat with fuel oil (nearly 4 million households in France, equivalent to 10 million people, editor's note) take advantage of the low prices to fill their tanks. ” As an indication, a tank contains approximately 1000 liters, and consumers, very attentive to price changes, fill it

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Source: lefigaro

All news articles on 2020-04-05

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