According to official figures, published Tuesday, June 7, prices for gasoline in France increased last week. This was despite a rebate from the government.
According to Friday’s figures by the Ministry of Ecological Transition, the super-unleaded 95 reached 2.1012 euros per Liter on average. The unleaded 95 E10 rose to 2.0660 euros. Since March, these two fuel types had averaged 2 euros per liter. Diesel prices rose sharply but they remained well below the symbolic threshold of 1.9615 euros per Liter.
These high prices include the 18 cents per liter rebate (in continental France) that President Emmanuel Macron announced recently would be extended in August. This was originally to be stopped. End of July.
Since the Russian invasion, oil prices have moved at a high level. They have seen a recent surge after the European Union announced a progressive embargo. They were at $120 per barrel Tuesday.
Seasonal factors also play a role in the specific rise of unleaded, which is more expensive than diesel. This fuel is the most used in the United States. It is being prepared for the long driving season (“driving season”), which will be the summer season.
According to AFP, “Since May American players have been purchasing more unleaded to ensure that they are able to supply, and to satisfy additional demand. This has a ripple effect upon prices in Europe.” Olivier Gantois is president of Ufip Energies et Mobilites which brings together all major oil companies in France.
The government has prepared a special support system for big wheels in a climate of high inflation. On Tuesday, Elisabeth Borne, Prime Minister, stated that “for those who travel a lot each day to get to work or part of their job”, a device will be installed […] to “accomdate [them]” at the beginning of the school year.
