E.Leclerc announces "21 euro cents per liter" from Sunday, Coopérative U promises "up to 21 cents" depending on the stations: after Totalenergies, the two distributors will also lower the price of diesel thanks to the release of strategic stocks

After Totalenergies, E. Leclerc announced on Saturday a drop of 21 cents per liter in the price of diesel in its 742 service stations from this Sunday, thanks to the destocking of strategic reserves decided by the government. This reduction will be deducted each day from the price of diesel, "which continues to follow market prices", promises the distributor in a press release, exceeding the range of 12 to 18 cents per liter hoped for by the executive.

On a full tank of 50 liters, the saving reaches just over 10 euros. According to the brand, the difference between the cost of strategic stocks and current prices is transferred to the price at the pump, "without keeping a part of it aside". Cooperative U, which buys its fuels jointly with E.

Leclerc will also propose a reduction “up to 21 cents” per liter, the brand told AFP. But the timing and extent of this drop "will vary from one station to another", she warns, because its network is made up of independents who each have their own supplies and stocks to sell. Strategic stocks sold at 0.28 euros per liter Totalenergies for its part reduced the price of diesel to 2.15 euros per liter on Saturday in its 705 Access stations, its lowest-price network, which represents 60% of its fuel sales.

This is 10 cents per liter less than the ceiling of 2.25 euros that the group applies in all its stations. Its other stations, excluding motorways, will follow from Monday, "depending on developments in international diesel markets". The president of the Mousquetaires (Intermarché), Thierry Cotillard, committed in mid-October to pass on the reduction, without setting a date or amount.

A liter of diesel in France was sold on average at 2.379 euros on Saturday around 6:15 p.m. according to an AFP analysis of 8,842 stations. The government announced on October 12 that it would make ten million barrels of diesel from strategic stocks available to distributors until the end of January and in proportion to their market share in 2025.

These strategic stocks had been purchased before the war in the Middle East and were sold at 0.28 euros per liter, compared to around 1.10 euros on the market in mid-October, according to Matignon. A decree requires stations to display “clearly” the amount of the reduction.

Machine-translated from French