From this Wednesday, January 1, 2025, the price of fuel increases. You will have to pay 1.27 euros for diesel and 1.64 euros for unleaded.
Fuel prices: slight increase in prices at the start of 2025
Oil prices varied very little in December (+0.43% for unleaded and -0.89% for diesel) but the parity, still against the euro (-1.66%), has impacted global trade and has a negative impact on prices at the pump.
Looking ahead to 2025, the market is pricing in an increased likelihood of supply disruption, continued geopolitical risk, and an appreciating dollar.
Thus, as of January 1, 2025, the maximum prices applicable to Reunion Island are as follows:
– Premium fuel (€/litre) €1.62 to €1.64
– Diesel (€/liter) €1.26 to €1.27
– GNR (€/liter) €0.78 to €0.80
– Lamp oil (€/litre) €0.79 to €0.78
The monthly variation is explained by the following factors:
· For unleaded products, prices are up very slightly by 0.43%, with no perceptible impact on the final price at the pump. The appreciation of the dollar causes an increase of 1 cent in the final consumer price;
· For diesel, prices have seen a very slight increase (+0.89%), perceptible at around 1 cent for the end consumer. However, the parity evolves unfavorably for the euro (- 1.66%) and cancels out the fall in prices;
· The freight consists of a single boat, with an increasing cost (transport and updating of demurrage);
· Port duties are increasing for the year 2025 (+ approximately 5%). The combination of increases in freight and port dues results in an increase in the final price of fuel of around 1 cent;
