after the record, a first drop since the beginning of the year

by time news

The price of road fuel sold in French service stations fell below €2 on average last week, falling for the first time since the start of the year, according to official figures published on Monday March 21.

Diesel fuel reached 1.9755 euros per liter on average, after a record of 2.1407 euros the previous week, according to figures from the Ministry of Ecological Transition arrested on Friday. The super SP 95 fell back to 1.9737 euro (against €2.0825 the previous week) and the super SP 95-E10 to 1.9334 euro (against €2.0286).

→ READ. Fuel prices: who are the “big rollers” that the government wants to help?

Prices at the pump had so far risen week after week since the start of the year, breaking all records. Before the start of the Russian invasion of Ukraine, oil prices were already on the rise, against a backdrop of global economic recovery and still limited oil extraction by major producing countries.

Mobilization continues

The Russian offensive accelerated the movement and pushed crude prices to new heights, before this first reflux. Prices currently remain very volatile, the barrel of Brent from the North Sea progressed again on Monday, going back above 110 dollars.

Faced with soaring fuel prices and less than a month before the presidential election, Prime Minister Jean Castex announced in mid-March a discount at the pump of 15 centimes per liter of fuel, from April 1 and for four months. But these measures were not enough to calm the discontent. Construction professionals, fishermen, farmers and transporters, joined by taxis, organized filter dams on Monday, blocking oil depots and refineries throughout France to protest against soaring fuel prices.

You may also like

Leave a Comment