Energy: why is the price of domestic fuel starting to rise again?

Energy: why is the price of domestic fuel starting to rise again?
Energy: why is the price of domestic fuel starting to rise again?

After a long period of decline, which began at the beginning of April and saw the average price of a 1000L order lose around 100 euros, domestic fuel oil prices are starting to rise again, indicates L’Union.

A general increase

According to the specialized site fioulmarket.fr, the invoice for a 1000L order amounts to €1180 on Friday June 14, compared to €1165 last Friday.

Same trend on prixfioul.fr, which notes an increase of €11 between Tuesday and Friday, to €1173.

Finally, on fioulreduc.com, the average price of such an order this Friday stands at €1,163, compared to €1,150 a week ago.

For ten days

This increase is reflected in the price of oil, the compass of fuel oil prices. It has been climbing overall for around ten days. A barrel of Brent oil, for example, was trading at $79.38 at the opening on Monday, compared to $82.05 this Friday.

Crude oil benchmarks headed for their best week in more than two months after strong projections for crude oil and fuel demand », Indicates an article from the Reuters news agency.

Brent and WTI, the American benchmark, gained more than 3% over the week. “ I wouldn’t be surprised to see oil prices move higher from here on out as the demand outlook continues to improvesays Tim Waterer, analyst at KCM Trade. This will largely depend on the evolution of summer demand in the northern hemisphere. »

If this were the case, the price of fuel oil would strongly risk following the same trend.

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