The effect of the discount of 15 to 18 centimes which came into force last Friday can be seen on motorists’ bills.
With the entry into force of a discount somewhat reducing the final bill paid by consumers, fuel prices have fallen again. Last Friday, April 1, on average, a liter of diesel thus cost 1.8910 euros, down 22 cents compared to the week before.
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Gasoline also saw its price drop: the liter of SP95 lost 17 cents, reaching 1.83 euros, while that of SP95-E10 fell by 18 cents. The SP98 was also down about 17.5 cents, on average. All fuels fell back below the symbolic two euro mark, returning to their level at the end of February, before the start of the Russian offensive in Ukraine. Only the price of diesel remains comparable to that of early March.
These variations are partly explained by the discount, effective from Friday. Gold, “the prices declared by the operators each Monday are average prices weighted by the volumes over their entire distribution network and practiced at the level of the end consumer on the previous Friday“. At the time when the discount was effective, therefore.
This level, which remains high, is also explained by the prices of raw materials and petroleum products. The barrel of Brent thus remained above the one hundred dollar mark last week, despite a marked drop over the days. The markets remain in limbo, between the threat of an embargo on Russian oil, a reduction in purchases of Russian oil and the release of strategic stocks, on the American side and member countries of the IEA, making it possible to supply the supply. “Commodity prices on the international Rotterdam market mostly tracked crude oil prices, with diesel down 11% […]. The price of gasoline, on the other hand, increased by 10.5%“, Analyzes IFPEN in a note, this Monday.
A discount until the end of July
Since Friday, prices at the pump have therefore fallen considerably. Some distributors contribute to the fall in prices, by multiplying promotional gestures, such as a discount, on the side of TotalEnergies, or operations “fuel» at certain brands. The executive is counting on the game of competition to encourage oil companies to lower the note: the government also advised the French, last week, to compare stations, to ensure that they refuel at the best price.
Authorities were expecting a few days of tension on the supply, as people waited for the rebate to take effect to fill up. From “situations, here and there“, of temporary stock shortage were therefore foreseeable. The measure will be in place until the end of July: then, if the current majority is renewed, the executive wishes to set up a “device more targeted at the most modest and large riders“, which will pass by law.
Despite the decrease observed thanks to the rebate, the current price remains 23% higher than that posted at the beginning of the year for diesel and 12% for SP95. This highly political theme elicits reactions and suggestions from candidates for the presidential election, one week before the first round, while the subject of purchasing power has imposed itself in the campaign.
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