Categories: News

Fuel prices: soon a small drop?

Good news, the price of fuel could drop slightly in the coming weeks. We will explain everything to you !

A falling price

Filling up with fuel isn’t exactly fun, that’s for sure. Especially now when it’s very cold and prices are very high. A trend that has been going on for several months now, and which seems set to last. However, it is possible that prices at the pump are falling, which should please motorists. At least that’s what I think Francis Pousse, president of the fuel and new energy distributors branch of the Mobilians union. The latter spoke to BFM TV on the subject and was rather positive: “We are once again entering a bearish period. For the coming week, I am confident (…) Over the last 2 to 3 days, we have already seen a partial reduction in the increase in the price of diesel.” Enough to reassure drivers, currently caught by the throat by very high prices which greatly complicate their everyday lives.

Cheaper oil

According to the expert, the economic situation in China also plays a role in this drop in prices. Indeed, “the barrel of oil is starting to fall, because the economic figures of China, the world’s largest consumer of oil, are falling. Therefore, we are seeing a drop in prices.” And this is undoubtedly thanks to the rise of the electric car, which is developing there at great speed. However, this downward trend coincides with the divergent interests of OPEC member countries (Organization of Petroleum Exporting Countries). While the latter wish to maintain high prices, the international oil market remains influenced by complex factors. Francis Pousse explains that “barrel prices are set internationally and not by consuming states or oil companies. It’s the market that sets oil prices.” Motorists therefore don’t really have a say…

Read also :
Ethanol: Everything You Need to Know About E85 (Case, Price, Advantages, etc.)
Three Tips for Paying Less for Fuel at the Pump
Fuel Price: The Government Does Not Want to Help the French More

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