Fuel Prices Continue to Drop in France: Latest Rates for July 22 Revealed

by time news

2024-07-22 08:42:01

After a stable trend throughout the first half of the current month, fuel prices have begun a downward trend since mid-July. Despite a slight rebound this weekend, the prices of gasoline and diesel in France continue to follow this downward trend.

As of Monday, July 22, unleaded 98 is priced at €1.91 per liter, according to the specialized site Carburants.org, which is a decrease of more than two cents compared to last week. Also according to the same source, unleaded 95 is at €1.838 per liter. For this fuel as well, the average price in France recorded this Monday is significantly lower than those observed throughout last week.

Regarding E10 and E85, the prices stand at €1.809 and €0.848 per liter, respectively. For these two fuels, the trend is also downward compared to the levels recorded during last week. Diesel, on the other hand, is averaging €1.715, still according to Carburants.org. In less than ten days, the price of this fuel has fallen by almost five cents per liter.

The stations offering the cheapest fuels this Monday

According to Le Télégramme, which lists the cheapest pumps in France on its site, the Leclerc station in Phalsbourg (Moselle) – Rue des Glacis offers the most attractive diesel price in the country at €1.584 per liter. Compared to the national average, the price difference is over 13 cents per liter.

For SP98, the lowest price is offered by the Esso Express station in Hyères (Var) – Bd Geoffroy St-Hilaire, where it is priced at €1.763 per liter, representing a difference of more than 14 cents from the average for the day. As for SP95, the cheapest price in the country is €1.731 per liter, offered by the Intermarché station in Saint-Quentin (Aisne) – 153 Rue de Mulhouse.

For E10, the Leclerc station in Saint-Aunès (Hérault) – Ecoparc Départemental CD.112 offers the lowest price in the country at €1.656 per liter. Finally, concerning E85, the lowest price in France is €0.667 per liter, offered by the Leclerc station in Luçon (Vendée) – Route De Fontenay.

Fuel Prices in France: Trends and Predictions

As fuel prices in France have begun to show a downward trend since mid-July, consumers are experiencing some relief at the pump. The current average prices on July 22 indicate a notable decrease, with unleaded 98 being offered at €1.91 per liter, down more than two cents from the previous week. Similarly, unleaded 95 saw a drop, now priced at €1.838 per liter. This shift highlights a market correction following a period of stability in the first half of the month.

In the case of E10 and E85 fuels, the prices are €1.809 and €0.848 per liter, respectively, both also reflecting decreased costs compared to last week. The average price for diesel has similarly dropped to €1.715 per liter. This decline, totaling nearly five cents in less than ten days, suggests a potentially sustained reduction in fuel costs for consumers.

Cheapest Gas Stations as Price Competition Heats Up

The competitive landscape among fuel stations across France is intensifying, as notable price differences are evident. For example, the Leclerc station in Phalsbourg is offering diesel at an attractive €1.584 per liter—over 13 cents cheaper than the national average. Such competitive pricing could lead to a trend where consumers actively seek out stations providing the best deals, further driving prices down.

For unleaded 98, the Esso Express station in Hyères provides the lowest price at €1.763, and for unleaded 95, the Intermarché station in Saint-Quentin lists it at €1.731 per liter. Meanwhile, Leclerc in Saint-Aunes leads with E10 at €1.656 and the Leclerc in Luçon offers E85 at €0.667, showcasing the impact of brand competition on pricing strategies.

The ongoing decline in fuel prices could mark a shift in consumer behavior, as drivers become increasingly price-sensitive. If this trend continues, it may encourage more motorists to explore alternative fuel options or adopt fuel-efficient driving practices to maximize savings.

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