Fuels: towards a rise in prices at the pump by this summer?

by time news

2023-06-04 21:30:11

Nothing is forever. And especially not the stability of prices at the pump. Brent crude, Europe’s benchmark, is currently trading at $76 a barrel. When its American equivalent, the WTI (West Texas Intermediate), emerges for its part at 71 dollars, a far cry from the peaks recorded in March 2022 at the start of the conflict in Ukraine (where prices had risen to more than 140 dollars). Enough to delight all fuel consumers, starting with the 1.4 billion motorists (private and commercial) in the world. But black gold producers see this current trend with a very negative eye. And they hope to be able to reverse it quickly.

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