Will the respite be short-lived for French motorists?
Prices at the pump are stable, after several weeks of sharp increases, according to calculations by
Fig Data
, made from public data from the Ministry of Energy Transition.
This slight lull comes in a rather difficult economic context, with inflation around 5% in 2023 and forecasts clouded by the outbreak of conflict in the Middle East, which is raising fears of a new oil shock.
And therefore a surge in prices.
Also read: Gasoline or diesel: where to find the cheapest fuel?
In detail, a liter of unleaded 98 costs on average 1.9269 euros, an increase of five cents compared to the start of 2024. The price of unleaded 95 (1.8767 euros) and that of E10 (1.8431 euros) follow the same trend.
Like diesel, which however fell by 1.6 cents last week (1.8253 euros) and which fell back below E10.
Over one year, the price of the SP-98 fell by 2.1%, as did that of the SP-95 (- 2%) and the E10 (- 1.9%).
Diesel is also down 0.7%.
Also read “I was fed up”: with fuel prices soaring, they decided to switch to electric cars
As a reminder, since March 1, 2023 and until the end of the year, the prices of diesel and gasoline are capped at 1.99 euros at TotalEnergies group stations.
A gesture made at the request of the government.
He also announced, through Bruno Le Maire, that the fuel allowance of 100 euros intended for low-income workers will be implemented in 2024 only if prices “
explode
”, and approach €2 per liter.
This compensation only concerned the lowest 50% of households but could be expanded if it was activated in 2024.
Oil above 80 dollars
Prices at the pump follow changes in the barrel of Brent.
The latter reached its annual record at the beginning of the fall at $96.55 at the close in London before falling again.
This was without taking into account the outbreak of a new conflict in the Middle East, between Hamas and Israel, which aroused market concern and a surge in prices in a context already weighed down by Saudi and Russian.
However, oil has since experienced a sharp decline, due in particular to fears about the Chinese economy.
The recent announcement of major cuts in production for 2024 by OPEC + as well as the tensions in the Red Sea linked to attacks by the Houthi rebels have, however, caused black gold prices to rise again.
Brent is worth $83.59 this morning in London.
Methodology :
For national or regional figures, we used public data available on prix-carburants.gouv.fr, which centralizes declarative data from service stations.
Only service stations in mainland France, excluding Corsica and DROM, which sell more than 500 m3 of petroleum products per year are taken into account, excluding E85 and LPG, which are less used.