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Fuel prices are expected to fall, but for a short time

Fuel prices are expected to fall, but for a short time

Economy

On Friday, the average price of simple gasoline was 1.81 euros and simple diesel 1.65 euros per litre. If the expected drop is confirmed on Monday, it will likely be short-lived given rising tensions in the Middle East.

Fuel prices are expected to fall on Monday, but the slight relief should be temporary given the increasing tension in the Middle East.

According to forecasts, the price of fuel is expected to decrease on Monday. Last week's prices indicate a decline of 2.5 cents per liter of diesel, and 1 cent per liter of gasoline. But this is an expectation that can quickly be overcome by circumstances.

The Iranian attack on Israel over the weekend, and anticipating the Israelis' reaction, is expected to cause oil prices to rise in international markets once the markets reopen.

At the end of last week, even before the Iranian attack, Brent crude had already surpassed $90 per barrel, the highest value in the past six months.

Analysts point to a rise in the coming days or weeks that could reach $100, if instability in the Middle East continues or worsens.

On Friday, the average price of simple gasoline was 1.81 euros and simple diesel 1.65 euros per litre.

If the drop forecast for this Monday is confirmed, there will likely be short-lived sunshine.

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