Fuels: a surge in prices that has not weakened since October – LINFO.re

Fuels: a surge in prices that has not weakened since October – LINFO.re
Fuels: a surge in prices that has not weakened since October – LINFO.re

Fuel prices, which had continuously decreased between May and October 2024, have started to rise again in recent months. This development was highlighted by Fig Data using official data from the Ministry of Energy Transition.

Tense global situation

Motorists face a new increase in fuel prices after several months of continuous decline between May and October 2024. According to analyzes by Fig Data, based on data from the Ministry of Energy Transition, this increase occurs in a context marked by geopolitical tensions in the Middle East and Ukraine. And the political instability in doesn’t help anything.

The costs

Currently, the liter of unleaded 98 stands at 1.8602 euros, up six cents since October. The prices of unleaded 95 (1.8009 euros) and E10 (1.7642 euros) are also increasing. Diesel recorded the strongest increase, reaching 1.6966 euros, or nine cents more, reports Le Figaro.

Below 80 dollars

Despite the prolonged reductions decided by OPEC+, the barrel of Brent remains below 80 dollars. These production limitations have not yet made it possible to stabilize prices. According to the International Energy Agency (IEA), global supply exceeds demand by a million barrels per day, even with these adjustments.

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