Fuels: the average price of diesel down slightly in France for the third consecutive week

A slight lull in diesel prices, before a sharper drop in the coming weeks? Last week, the pump price of diesel in France fell slightly again on average, for the third consecutive week, according to weekly data from the Ministry of Ecological Transition published this Monday. It stood at 2.3283 euros at the end of last week, down almost 3 cents compared to the previous week and 5.5 cents compared to its historic record in mid-September.

As for gasoline, its average prices have remained stable for a month. The liter of super unleaded 95-E10 cost on average 2.1380 euros at the end of last week (-1.2 cents in one month), that of classic SP95 2.2122 euros (-0.7 cents) and that of SP98 2.2039 euros (-0.6 cents). In the various cases, we remain far from pre-war pump prices in the Middle East. At the end of February, before the first American-Israeli bombings on Iran, diesel and SP95-E10 gasoline were priced on average at around 1.70 euros per liter, or respectively 60 cents and 40 cents less than today.

Towards a drop of around ten cents in November?

Since then, prices have been driven up by navigation difficulties in the Strait of Hormuz, where around 20% of the world's hydrocarbons transited before the conflict, then by the blockade of Saudi exports in the Red Sea by the Houthis and Ukrainian strikes against Russian refineries. Enough to cause oil prices to soar, which varied last week in particular over American threats against Iran.

French motorists could find a little more air in the coming weeks, after the recent announcement by Sébastien Lecornu of the “liberation” of ten million barrels of diesel from French strategic stocks in the next three months, from the beginning of November. This operation is part of a coordinated G7 initiative, which plans to place a total of 100 million barrels on the market, announced by Emmanuel Macron ten days ago.