FUEL PRICES: The surge in oil prices following the attack on facilities in Saudi Arabia raises fears of a rapid rise in fuel prices at the pump
Faced with the possible surge in oil prices , following the attack on facilities in Saudi Arabia, the collective ” Yellow Vests citizens” called Tuesday for an “immediate freeze” of fuel prices.
In a statement, the group co-founded by Thierry Paul Valette recalls that “the movement of” yellow vests “follows the rise in fuel prices in 2018” and, that “in a complicated social context, Emmanuel Macron should not leave especially the situation becomes more complicated “while” the surge in prices (…) will cause a sharp rise in prices at the pump of nearly 5 cents “.
“Grumbling still exists and very few answers have been made”
“The president must react very quickly,” says the group. “We are therefore asking for the immediate freezing of fuel prices. We must not be hostages to this price spike. ”
“Our movement of” yellow vests “is not dead, the grumbling still exists and very few answers have been made,” warns the group, which wants to present a list led by Thierry Paul Valette for the municipal elections in Paris in 2020.
A probable increase of “4 or 5 cents” of the price of the litre
Soaring oil prices following the attack on facilities in Saudi Arabia , which led to a halving of production and fears a military escalation with Iran, could result in a rapid rise in oil prices. prices at the pump, say some professionals, although many unknowns remain in a very volatile context.
The president of the French Union of Petroleum Industries (Ufip), Francis Duseux, said Monday that it should “expect fairly quickly to increase the order of 4 or 5 cents” of the price of the litre.
