“If we keep the same trends…”: Gasoline finally drops below the two euro mark, but for how long?
Good news now for motorists: a liter of diesel costs on average 20 cents less than 10 days ago, and prices are expected to fall further. Oil fell below $90 per barrel, a first since August. Added to this is the sale of…
This text corresponds to part of the transcription of the report above. Click on the video to watch it in full. In a station this Tuesday, November 10, Unleaded is displayed at 1.92 euros, below a symbolic mark for the first time in more than three months.
"We've gone below two euros. I always come to this pump because that's where it's the cheapest, as a general rule. Even if it's a few cents, it's still a bargain," comments a driver.
But the nurse remains cautious for the moment: "I try to be as careful as possible, to limit short trips. I use it mainly for work. "On average, in France, Unleaded costs 2.031 euros per liter, nine cents less in 10 days.
So, a motorist is stocking up now, for fear that the price will soar again. “In three weeks, in my opinion, things will pick up again,” he believes. The price of a barrel of Brent has collapsed: -24% since the beginning of November.
Markets are optimistic as tensions are stabilizing in the Middle East and Donald Trump suffered a setback in the US mid-term elections. A drop which could continue, according to Philippe Casbas, president of Ufip Énergies et Mobilités, who predicts: "Lead-free could very well return to pre-crisis areas within 15 days, three weeks, a month, if we keep the same trends. "New drops possible from the end of the week An even more marked drop for diesel: less 20 cents per liter, on average, since the end of October.
A figure possible largely thanks to the release of strategic stocks. Prices drop mechanically for three months, a temporary lever. “Hoping that, if not peace, then at least more lasting stability will be restored to the Middle East.
At that point, we will quite naturally have a price at the pump which will fall. But which will fall without public support", indicates Patrice Geoffron, professor of economics at Paris-Dauphine and energy specialist. According to certain projections, diesel could still fall by a few cents. Unleaded could fall below two euros on average by the end of the week.
Machine-translated from French
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- Franceinfo10 Nov, 22:51
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