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Europe must learn to drive without Russian diesel

2023-02-05T17:31:14.724Z


DECRYPTION - The entry into force of a new European embargo on Russian refined products since February 5 is weighing on prices.


Will there be diesel at Easter?

And at what price?

The entry into force of a new European embargo on Russian petroleum products since February 5 brings its share of concerns.

It is in addition to the one already in place since December 5 relating to crude oil coming from Russia, by sea.

Can Europe continue to drive without a drop of Russian fuel?

Diesel remains the fuel most used by motorists and, even more so, by transporters.

In December, it still represented 73.5% of the fuels used in France, in very slight decline, less 0.2% over one year, according to the French Union of Petroleum Industries (Ufip).

This resilience in diesel consumption is explained by the structure of the installed base.

Sales of new electric (or hybrid) cars may have taken off, but diesel still accounted for 55.2% of the car fleet in 2022. Road transport is even more dependent on diesel, which accounts for around 95% of…

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Source: lefigaro

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