The fateful bar of two euros per liter is fast approaching. According to the latest figures from the Ministry of Ecology, on Friday, January 27, the average price of a liter of diesel reached 1,943 euros, with an increase of 2.7 cents in one week.
On the side of unleaded gasoline, the average price per liter reaches 1,910 euros, but after a more significant weekly rise of 3.6 cents. The price of a barrel of Brent also rises compared to last week, 2.3 dollars a barrel, and amounts to 86.2 dollars.
The price of a barrel of Brent stops its rise
As I anticipated, the end of the remises du gouvernement and Total Energies entraîné a quasi-mécanique remontée des prize à la pompe in France des 1er janvier, of more than 13 centimes per liter for the gazole et de pres de 20 centimes pour le unleaded. This strong rise gave way to a brief fluctuation marked by a virtual stability of the SP95-E10 and even a slight drop in diesel as a result of the sharp fall in the price of a barrel of Brent (about 3 dollars in a week).
But since the second week of January, fuels seem to have resumed their irresistible rise towards the threshold of 2 euros per liter. A threshold that had already been crossed, and even quite a bit, at the very beginning of the conflict in Ukraine. It was this price explosion that had decided the Government to establish a discount on the liter of fuel, the amount of which had varied between April and December, before TotalEnergies added its own at the end of the summer.
A price per barrel that rises gently
As of now, both the price of diesel and unleaded gasoline seem to grow at a steady and assured rate from one week to the next. The same is true of the Brent price per barrel, which did not stay below the $80 mark for long, although its rise slowed between the third and fourth weeks of January.
While the application of the embargo on Russian oil weighs on diesel prices, unleaded gas prices are affected by less fierce competition between the various players in the sector in a context of rising distribution costs in particular, as we explain here.
Since Friday, January 27, French motorists began to receive the fuel allowance of 100 euros, a device that will supposedly succeed the discounts.
Source: BFM TV
