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"The price of fuel will drop this weekend", according to Michel-Edouard Leclerc

2022-03-11T09:52:26.886Z


The president of the Leclerc centers provides 35 cents less on diesel and 8 to 10 cents for the SP from Monday, after a general drop which begins this weekend.


"

The fuel market is crazy

," said Michel-Édouard Leclerc, president of the Leclerc centers on

RMC

this morning.

For several months, the price of fuel has been skyrocketing, and the war in Ukraine has accelerated the rise.

Over the past week, the liter of diesel has soared by 14 cents, exceeding the threshold of two euros in some service stations.

But the distributor is planning a general drop of 35 cents for diesel from Monday and 8 to 10 cents for SP95.

He recalls that his stores “

make no margin

” on fuel.

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This drop in prices is explained by the decline in crude oil prices.

The barrel of Brent from the North Sea, for delivery in May, rose from 129 dollars on Tuesday to 110 dollars on Friday.

This is the benchmark for black gold in Europe.

A barrel of Wast Texas Intermediate for April delivery also fell 2.46% to $106.02.

There is also an increase in the value of the euro, to 1.0995 dollars this morning, against 1.0986 dollars on Thursday.

This increase thus makes it possible to reduce the exchange rate when buying barrels of crude oil.

Read alsoWhy are fuel prices rising so quickly?

The liter of fuel at one euro at Casino

However, the disparities between the French regions are still relevant, since the liter of diesel is displayed at 2.11 euros in Lille, while it is at 2.49 euros in Paris.

To explain these differences, Michel-Édouard Leclerc specifies “

that the stations update the prices when they fill their stock

”.

Read alsoWhy are fuel prices rising so quickly?

The Casino brand goes even further since it offers a liter of fuel at one euro on March 11 and 12.

In concrete terms, a voucher equivalent to the difference between the price paid and the one-euro liter will be given to the consumer.

To take advantage of this, you must present the receipt at the reception of the store.

Note that the voucher can be used from 80 euros spent in the Casino departments.

Source: lefigaro

All news articles on 2022-03-11

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