The race for fuel is reignited with the average price of the service rising to 2.004 euros. According to the reworking by Quotidiano Energia of the data communicated by the managers to the Mimit Price Observatory updated at 8am yesterday 15 February, the average price of petrol in self-service mode is 1.868 euros per liter (1.864 the previous survey), with the companies between 1.864 and 1,881 euros per liter (no logo 1,850). The average price of self-service diesel is 1,839 euros per liter (compared to 1,836), with the different brands between 1,837 and 1,849 euros per liter (1,824 without logo).
On the petrol service, the average price charged is 2.004 euros per liter (2.000 the previous figure), with colored systems with prices between 1.947 and 2.084 euros per liter (no logo 1.904). The average diesel served is 1.976 euros per liter (against 1.971), with company sales points with average prices between 1.926 and 2.053 euros per liter (no logo 1.878). The average prices charged for LPG are between 0.724 and 0.740 euros per liter (no logo 0.708). Finally, the average prices of methane for cars range from 1.373 to 1.535 euros per kg (no logo 1.366).
What is going on? Oil prices fell slightly this morning while they increased yesterday. A barrel (159 liters) of North Sea Brent crude for April delivery yesterday cost $82.45. This is an increase of 85 cents compared to the previous day. The price of a barrel of West Texas Intermediate (WTI) crude for delivery in March had instead risen by 89 cents to $77.54.
Oil prices benefited from the weakening of the US dollar. Crude oil becomes cheaper for buyers when the exchange rate falls, as it is traded in dollars. Weakness in US retail and industrial data weighed on the dollar.
The current forecasts of the International Energy Agency (IEA) previously had a negative impact on the trend of the barrel. According to the IAEA, growth in global demand for crude oil will slow significantly this year: it is expected to increase by an average of 1.2 million barrels per day in 2024, which is half that of last year.
The price of Brent fell by about two dollars a barrel on Wednesday. The price slide was triggered by data on crude oil inventories in the United States, which surprisingly rose last week.