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2026-09-21T09:36:07.704Z

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High diesel in France and oil in the US

High diesel in France and oil in the US

The diesel price in France has reached a new record of 2.41 euros (approximately 2.76 dollars) per liter, amid ongoing disruptions in global oil supplies due to the war in the Middle East, and a roughly 20% increase in oil prices during September. Gasoline with 98 octane has also surpassed 2.28 euros, while 95 octane gasoline is now over 2.17 euros per liter, confirming that fuel prices have been rising for more than ten days. Globally, motor oil prices have seen unprecedented increases, with the price of Group III base oil reaching $12.45 per gallon, about four times higher than its price in February, due to a global lubricants shortage linked to the Iranian conflict and increased demand. These rises in fuel and lubricant prices are fueling social tensions, with concerns about the potential return of "Yellow Vest" protests in France.

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