Eight OPEC + countries have promised to produce four times more barrels than expected. So, The price of fuel will tumble. Monday May 5 in the morning, the price of a barrel fell by more than 3% to exchange around 60 dollars. Prices at the lowest for four years.
Everything suggests that the trend will continue, according to Francis Pousse, which represents independent stations within Mobilians: “A global economy which is not necessarily in great shape, a production of oil barrels which has increased since May 1, American conditions which are still not clear on these famous customs duties. So the American economy which also suffers. All these elements let us think that indeed, the barrel should remain in prices affordable for several weeks. “
So obviously, we are never immune to international tension, but in the meantime, the decline should already affect the pump. “A few days, not even. With a small downside, it is the stations that sell the most, which can repercussions the most since they have had fuel at the new price. While stations, among other things in rural areas, which are delivered only every 10 days, cannot pass on, especially when you have significant decreases as we have at the moment.”
Leadloc 95 which displays 1.66 euros per liter on average should therefore decrease, just like diesel sold 1.55 euros, and which could quickly pass Under the 1.50 euro mark.
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