TotalEnergies announces it will lower the price of diesel to 2.15 euros per liter in certain stations from Saturday
After the profit announcement on Thursday October 28 of record profits for the third quarter linked to the surge in hydrocarbons, Total Énergie is approaching a drop in prices in order to relieve households.
The oil and gas giant TotalEnergies will lower its diesel sales price on Saturday to 2.15 euros per liter in just over 700 service stations representing 60% of its fuel sales, in connection with the government destocking of strategic stocks, according to a press release dated Friday October 30. TotalEnergies “will lower the price of diesel to 2.15 EUR/L, from this Saturday, October 31, in the 705 Access stations in its network,” indicates the group which announced on Thursday record profits for the third quarter linked to the surge in hydrocarbons since the outbreak of war in the Middle East by the United States and Israel. 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.
» READ ALSO - TotalEnergies always more profitable, but almost popular... How Patrick Pouyanné improved the image of the French oil giant The government calls on TotalEnergies to be "exemplary" It "will pass on the benefit of this advantaged diesel to the other stations in its network excluding 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. The government said on Thursday, October 28, 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 cts EUR/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”. The French oil and gas company unveiled a record net profit of $8.3 billion for the third quarter on Thursday, compared to $3.7 billion over the same period in 2025, and was very optimistic for the months to come with its investors.
Machine-translated from French
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- Le Figaro30 Oct, 10:31
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