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According to the government indicator which monitors the evolution of the cost of petroleum products, fuels experienced a sharp rise in prices at the beginning of October.
ENERGY CRISIS – Scarcer and more expensive fuels. Here is the conclusion that can be made from the latest publication of the government indicator which follows the evolution of the prices of oil productswhich occurs while shortages at gas stations gets worse and that’Elisabeth Borne brings together this Monday, October 10 several ministers at Matignon to try to move towards a way out of the crisis.
As you can see it on our graph belowafter several weeks of falling prices From the end of August, fuel prices began to rise again in a spectacular fashion at the start of October. With diesel in particular, which sells on average for more than 1.80 euros per liter in France, i.e. an increase of almost 11 cents between the figures for September 30 and those for October 7.
This means that with such a surge, diesel is back to levels it had not reached since the end of August, just before the increase from September 1 of the state-funded pump discount to 30 centimes per litre, and the implementation of the 20-cent rebate from TotalEnergies, which caused an influx of motorists to its service stations.
Social conflict and global price spikes
And if diesel is now the most expensive fuel sold, by far, gasoline products are not left behind in terms of the increase. Between September 30 and October 7, the Super SP98 went from 1.62 euros per liter to 1.68; the Super SP95 from 1.57 to 1.64 and the Super SP95-E10 from 1.52 to 1.59 (with an increase of 7.3 cents per liter over one week).
As a reminder, the Ministry of Ecological Transition updates its petroleum product price indicator every Friday thanks to a weekly survey of prices at the pump according to the different distributors.
This price increase therefore comes at a time when fuel shortages are affecting almost a third of the stations in the territory, all groups combined, due to a social conflict in refineries. The surge in prices is also part of a global context of rising oil prices after the decision of the cartel of exporting countries and their allies, united in OPEC+, to lower their future production to support prices. On Monday, the barrel of Brent and that of WTI, two key indicators, reached peaks not seen since the end of August.
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