Sharp Drop in Fuel Prices Expected From Monday
35 Articles
35 Articles
With the release of strategic stocks, oil prices have fallen to 20 cents per litre. This is the biggest drop since last spring. Alan usually doesn't work on the weekend, but this morning he makes an exception. He has a dozen customers to deliver. Since November 1, 2026, demand has exploded. Buyers have all extended their delivery date to wait for prices to fall. In one year, the price of fuel oil in France has jumped by 58% (Conso and trends).
For 4000 stations, the decrease exceeded 20 cents per litre, said Minister of Economy Roland Lescure.
A strong decline in fuel is expected next week. Even with the expected tax adjustment, prices must be close to 10 cents per litre.
The average price of single diesel should reach EUR 2.194 per litre, while that of single petrol 95 should fall below EUR 2 for EUR 1.987 per litre
Fuel prices at the pump fell faster than the price of crude oil over the past month. This is remarkable, as it is usually the other way around. How is this possible, and more importantly, will prices continue to fall?
Fuel prices will be likely to fall significantly from next Monday, 9 November. Forecasts point to a reduction in both single diesel and 95 petrol, bringing some relief to Portuguese drivers. Gasoline and diesel may fall in the coming week Fuel prices should fall significantly in [...]
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