Fuels: gasoline prices are on the rise again, diesel remains down


Despite a decline in diesel last week, prices at the pump are expected to rise in November.

For motorists, the weeks follow each other and are not alike. After being able to take advantage for several days of lower prices at the pump, last week, users had the unpleasant surprise of seeing the price of gasoline start to rise again. Unlike diesel, whose bill continued to decrease by a few cents.

In detail, last week, according to data from the Ministry of Energy Transition, a liter of diesel cost, on average, 1.83 euros. An amount certainly high, but which has fallen by 3.5 cents in seven days and by 9 cents since mid-October. This fuel remains more expensive than gasoline, but the difference has narrowed slightly: on Friday, a liter of SP95 was worth 1.68 euros on average, that of SP95-E10 1.9222 euros and that of SP98 1.7220 euro. Amounts up, respectively, by one and two cents over seven days.

The current dynamic should also continue, or even increase, the price of the raw material having increased in recent days. This Monday afternoon, the barrel of Brent was thus displayed at 98.35 dollars, the highest since the beginning of October. What drive prices at the pump. “The recent uptrend is rooted in a contemplated change in China’s Covid policy, the weaker dollar and uncertainties regarding the effects of European and G7 sanctions against Russia.“Explains IFPEN in a note on Monday. If concerns about global growth play on the downside, “the IEA, in its annual report, does not anticipate any improvement in the coming months“, adds the document.

In France, the refueling bill will in any case jump from mid-November: on this date, government discounts – 30 cents – and TotalEnergies – 20 cents – will indeed decrease. Enough to boost the average price, around thirty cents between November 11 and 18.

SEE ALSO – Fuels: the Gonfreville refinery ends the strike after a month of mobilization



Source link -93