The French are jamming the engines

In France, the consumption of gasoline and diesel fuel has sharply decreased. Residents of the country cannot afford record-breaking expensive fuel.

"Fuel sales in France fell sharply in April," writes Franceinfo, citing the latest national fuel consumption survey conducted by the Professional Committee for the Petroleum Industry (CPDP).

For example, the demand for diesel fuel at gas stations fell by 18.55%, and for premium gasoline (SP95-E10, SP98 and E85) — by 14.5%. The measurements were carried out from April 11 to April 20 and compared with the same period last year.

Francis Puss, president of fuel at Mobilians, noticed that there is a real decline in the second half of April. According to him, people are trying to find other ways to travel and give priority to trains or joint car trips in April.

However, it is necessary to wait for the full data for April to understand whether this is a fundamental shift or an episodic one," said Francis Puss, who expects a "further decline" in fuel sales.

According to Franceinfo, on Wednesday the price of diesel fuel in France averaged 2.20 euros per liter.

As EADaily reported , the US and Iran is being postponed and the opening of the Strait of Hormuz is becoming a distant prospect. Oil is getting more expensive again, but diesel fuel is even stronger. In Europe, its value has returned to its maximum values.

Since April 24, the wholesale price of diesel fuel on the Frankfurt Stock Exchange has again exceeded $ 1,230 — the record price of the energy crisis in 2022. On April 29, quotes rose to $ 1,298 and are close to approaching the record set on March 27 — $ 1,418 per ton.