This is the first increase in prices at the pump observed since the end of August.

These prices take into account the increase in the State rebate applied since September 1 to the tune of 30 centimes per liter in mainland France.

In service stations, the average price of diesel was displayed at 1.6956 euros per liter last week, an increase of 3.6 cents compared to the previous week.

Premium unleaded 95-E10 fuel increased by 3 cents, to 1.5185 euros per liter, against 1.4876 euros the previous week.

The increase was less marked for premium unleaded 95, which was sold at service stations at an average price of 1.5737 cents, or 2.6 cents more than the previous week.

These levels are however far from reaching fuel prices at the end of August, just before the raising of the State rebate: at that time, the price of diesel was 1.9488 euro, it was 1.7797 euro for unleaded 95 and 1.7392 euro for unleaded 95-E10.

The discount financed by the State on fuels and introduced in April went from 18 cents to 30 cents per liter on September 1, for two months, and will then be reduced to 10 cents in November-December.

The price of oil has fallen sharply since this summer, due to growing fears of an economic slowdown in consumer countries, particularly China.

In this context, Wednesday's meeting of oil-exporting countries and their allies, gathered in the OPEC + organization, raises fears of drastic cuts in production to counter the drop in prices.

© 2022 AFP