Breaking News                 Latest News            Usa News                 Latest News

7 Factors to Consider Before Applying into Any University
The addition becomes more and more expensive for motorists. Since the beginning of the year, fuel prices climb slowly but surely. The last statement published b

Fuels : prices at the pump continue their ascent

The addition becomes more and more expensive for motorists. Since the beginning of the year, fuel prices climb slowly but surely. The last statement published b

Fuels : prices at the pump continue their ascent

The addition becomes more and more expensive for motorists. Since the beginning of the year, fuel prices climb slowly but surely. The last statement published by the ministry of the ecological Transition indicates that the litre of diesel fuel, the most sold, worth at this time 1,4671 euro per litre on average. An increase of 5% since 1 January. The essence the most sold, the SP 95-E10, sought after for its prices traditionally lower than the other species, has jumped 11% over the same period to reach today 1,5415 euro per litre. The SP 95 is 1,5633 euro per litre and the SP-98 is sold 1,6269 euro per litre. Both displayed increases of about 11% since the beginning of the year.

On the diesel prices at the pump remain below the peaks reached last fall. In October, the fuel flowed 1,5221 euro per litre. A high level, which had been one of the triggers of the crisis of the "yellow vests" that had erupted a month later. The fuel prices were then decreased again, following in the footsteps of a barrel of oil on world markets. Brent, the global benchmark, had seen its price tumble down to touch a low of around $ 50 in December. WTI, the benchmark u.s. had followed the same downward curve. To halt this fall, the members of Opec (who control 30% of the world oil supply), and ten of their allies, including Russia, had agreed to restrict the supply of crude oil. Their strategy has paid off because since the beginning of the year, the oil prices are rising again. Brent gained 37% and WTI has taken 44%.

" READ ALSO - The fuel with the low-cost lands on highway

This increase in the price of oil explains the rise in prices at the pump today. And the result does not look favourable to motorists. The announcement of tougher us sanctions against Iran making global markets nervous. Waiting to know what will be the response of Opec to this situation, the price of a barrel remains at a high level (74 dollars for the Brent and $ 65 for WTI). But the barrel does not alone explain the price at the pump. These also depend on the cost of distribution and, especially, taxes (VAT and TICPE), which represent almost 60% of the price of a litre of fuel.

UFIP

Publish Date : 27 Nisan 2019 Cumartesi 00:00

Breaking News Headlines

How Blockchain Is Changing Social Media
How Blockchain Is Changing Social Media
Signs that You Could be a Snowboarding Instructor
Signs that You Could be a Snowboarding Instructor
4 Tips to Get the Perfect Romantic Gift for Your Partner
4 Tips to Get the Perfect Romantic Gift for Your Partner
7 exciting benefits of Cryptocurrency
7 exciting benefits of Cryptocurrency
This woman chastises Apple and Google billions of dollars – we Have a large desk
This woman chastises Apple and Google billions of dollars – we Have a large desk
Health Stocks Yielding Healthy Dividends
Health Stocks Yielding Healthy Dividends
Who wield the gavel on Dani Mateo
Who wield the gavel on Dani Mateo
Stopped a narco with 450 kilos of hashish in the car after an accident in Malaga
Stopped a narco with 450 kilos of hashish in the car after an accident in Malaga
The PP accused the PNV of to manufacture an atomic bomb with the new Statute agreed with Bildu
The PP accused the PNV of to manufacture an atomic bomb with the new Statute agreed with Bildu
The associations of students of 26 universities unite to challenge the monarchy
The associations of students of 26 universities unite to challenge the monarchy
The EU is betting on a supercomputer that anticipates natural disasters
The EU is betting on a supercomputer that anticipates natural disasters
The otp requests that are not supported the challenge against Marchena for the ‘whatsapp’ of Cosidó
The otp requests that are not supported the challenge against Marchena for the ‘whatsapp’ of Cosidó
Pages
NEWS ARCHIVES