diesel is finally back below two euros per liter

by time news

The fall in prices at the pump observed in recent weeks is confirmed and amplified. According to the latest data published on Monday by the Ministry of Ecological Transition, at the end of last week, the liter of diesel fell below the symbolic bar of two euros per litre, as did that of gasoline. Something to relieve vacationers who started hitting the road a week ago.

Down seven cents over a week, the liter of diesel was displayed at 1.9946 euros, its lowest level since the beginning of June. In parallel, the liter of SP95 cost, on average, 2.0289 euros, that of SP95-E10 1.9820 euro and that of SP98 2.0934 euros. The latter saw their bill lighten by four to five cents over seven days, returning to their level at the end of May. This is the third consecutive week of decline for these different fuels.

This momentum is explained by the significant fall in prices on the markets: the price of a barrel of Brent has seen its price fall in one month, from 125 dollars at the beginning of June to 105 dollars on Monday. A development caused by the slowdown in economic activity, uncertainty and the darkening of the outlook.

Despite the significant declines recorded over the past three weeks – around 14 cents per liter for diesel and 10.5 cents for SP95-E10 – the bill remains steep for motorists. The next few weeks will be the scene of fiery debates between the majority and the opposition in Parliament, on the occasion of the examination of the “purchasing power” package, expected in the National Assembly from next Monday. The government clarified its proposals at the end of last week, confirming that the rebate per liter would be maintained at the current level until the end of September, before being replaced by a “fuel allowance” intended for workers forced to take their vehicles from a professional setting.

The parliamentary debate should make it possible to specify the measures. For its part, Nupes wishes to block prices at the pump at 1.4 euros per litre. The RN, meanwhile, suggests lowering fuel taxes, a track to which Bruno Le Maire closed the door again this weekend.

You may also like

Leave a Comment