Economy Rising fuel prices, especially diesel

Rising fuel prices, especially diesel

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A petrol station (illustrative image). – FRANCK FIFE / AFP

The prices of road fuels sold at service stations in France rose last week, particularly for diesel, according to official figures released on Monday.

Diesel, the best-selling fuel in the country, was worth 1.2121 euros per liter on average, up 1.53 cents compared to the previous week, according to data from the Ministry of Ecological Transition. The unleaded super 95 sold for 1.3240 euros, a more modest increase of 0.43 cents compared to the previous week.

Fall with the pandemic

SP95-E10, which contains up to 10% ethanol, rose 0.88 cents to 1.3100 euros. Finally, the SP98 was sold for 1.3903 euros, showing an increase of 0.78 cents.

Fuel prices at the pump vary according to several parameters such as the price of a barrel of oil, the euro-dollar exchange rate, the level of stocks of petroleum products and demand, as well as taxes.

After a drop following the Covid-19 pandemic, oil prices have stabilized at modest levels. They are currently trading above $ 40 a barrel for North Sea Brent and were recently pulled down by the publication of encouraging data on two vaccines against Covid-19.

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