TotalEnergies to lower diesel price in more than 700 stations starting Saturday

Government destocking of strategic stocks, pressure from the State, additional effort from TotalEnergies which has just recorded a record profit in the third quarter of more than 8 billion dollars linked to the surge in hydrocarbons since the outbreak of war in the Middle East by the United States and Israel... In any case, at the pump, prices should finally fall. Of course, we are not going to go back below the 2 euro threshold, but that’s already it. The oil and gas giant will in fact lower its diesel sales price on Saturday to 2.15 euros per liter in 705 service stations representing 60% of its fuel sales, according to a press release this Friday.

The stations concerned are “the Access stations of its network”, indicates the group. This commercial decision comes “without waiting for the physical delivery of strategic diesel stocks and to provide its customers with access to these stocks at historical cost,” explains the company. The stations on the motorways will not benefit from it. It “will pass on the benefit of this advantaged diesel to the other stations in its network, off the motorways, from Monday November 2 depending on the evolution of the international diesel markets”.

In any case, the group will maintain its cap of 2.25 EUR/L on diesel throughout its network in France. As a reminder, the government said on Thursday that it hoped for “a visible drop” in pump prices from Sunday thanks to its destocking of strategic reserves decided in mid-October, imposing “clear” display at fuel distributors and calling on the giant TotalEnergies to “set an example”. France announced on October 12 that it would make ten million barrels of diesel from its strategic stocks available to distributors, in proportion to their 2025 market share, and over a period of three months.

TotalEnergies also indicates that it “will apply a discount of -200 EUR/m³ for its customers heating with domestic fuel”, a discount which “will be visible on the invoice”. It will also apply “a discount of -20 EUR cents/L on Non-Road Diesel (compared to the international diesel market price) for farmers, public works companies as well as on Fishing Diesel for fishermen”. Here again, “the amount of the discount will be visible on the invoice”.

Machine-translated from French