This Tuesday at 1 p.m., the price of Brent was 98 dollars. It fell back below $100 for the first time since the outbreak of war in Ukraine.
A bright spot for purchasing power? While it is still too early to measure its impact on fuel prices, the drop in the price of crude oil is good news.
While the rise was very brutal since the beginning of the invasion of Ukraine by Russia, the price of a barrel of Brent fell back below 100 dollars, to 98 dollars, this Tuesday at 1 p.m.
A drop of -7% in a few hours which puts the price of crude oil back to its pre-war level in Ukraine.
According to the expertsthe fall in oil would be due to “hopes raised by the Russian-Ukrainian negotiations and concerns about a slowdown in the Chinese economy” which could lower demand.
It remains to be seen whether this spectacular drop will be immediately passed on to the pump knowing that, last week, a barrel of crude oil cost 139.13 dollars. Maddening price which had set a record since 2009… and was passed on almost immediately in service stations.