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Fuels: Gasoline prices fell last week

2022-06-27T13:31:50.425Z


If the price of a liter of diesel has remained stable, the bill for a full tank of gasoline has dropped by five cents, according to data from the Ministry of Ecological Transition.


Good news for July fans who are about to hit the road in a few days: at the start of the summer holidays, fuel prices are going down slightly.

According to the latest data from the Ministry of Ecological Transition, last week, diesel and gasoline prices lost a few cents.

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Friday, thus, the liter of diesel stabilized and cost, on average, 2.1302 euros.

An amount down by less than a penny compared to the previous week.

The fall is more marked for gasoline, which has lost five cents in seven days: the liter of SP95-E10 was thus displayed at 2.0365 euros, that of SP95 at 2.0867 euros and that of SP98 at 2, 1485 euros.

While diesel remains close to its historical record, the three other major fuels have therefore fallen for the second week in a row.

This dynamic is explained in particular by a fall in the price of the raw material: on Friday, a barrel of Brent thus cost 113 dollars, against more than 120 dollars two weeks earlier.

Uncertainty about the measures put in place this summer against high prices

It remains to be seen whether this dynamic will continue over the long term, when the summer holidays are likely to lead to an increase in demand, in a context where supply is more limited.

More broadly, in the energy sector, the rise in prices which is increasingly crushing households should not weaken before the end of the year.

In its latest economic report, published at the end of last week, INSEE forecast an inflation rate of “

just under 7% in September

”.

It should then stabilize, between 6.5% and 7%, by the end of 2022, for an annual average of 5.5%.

The measures put in place by the executive have made it possible to limit these increases, the national statisticians also noted: "

tariff shield

" and discount per liter reduced "

overall inflation by 2 points in May

", they calculated, specifying that the rebate alone limited inflation by 0.4 percentage points, year-on-year.

Only a few points, of course, but enough to relieve the wallet of households forced to take their car to work, live and consume...

If the liter discount should, in theory, end at the end of the summer, the authorities are working on the tracks that should take over.

The executive is counting on a more targeted device, targeting "

big rollers

", when the opposition, in the National Assembly, proposes to freeze fuel prices or lower taxes which weigh between 55% and 60% of the bill final.

Tracks to which the boss of Bercy has closed the door: "

Additional expenses of around 20 or 25 billion euros on fuel [...] are too expensive, or else we will have to give up other things

”, warned Bruno Le Maire on Monday, adding that the “

alert rating

” on public finances had been reached.

In the immediate future, the Minister of Economy and Finance intended to ask TotalEnergies to make an additional "

effort

", either by extending its discount of ten centimes per liter granted for a few months, or by extending it, or by l increasing.

A meeting with the CEO of the group, Patrick Pouyanné, was scheduled for Monday morning.

Source: lefigaro

All news articles on 2022-06-27

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