Good news for motorists, the pump price should soon be down

Thanks to the upcoming production increase in OPEC+ and the increase in customs duties started by Donald Trump, the bill should be much less salty when refueling. The return of 120,000 additional daily barrels per month for 18 months is announced.

© Superzoom/Adobe Stock – Donald Trump requires cheap oil. Safeguard safeguarded Receive alerts fuel if oil prices were up this Friday, the latter “still heads for a third consecutive week of decline”, due to the upcoming production increase in OPEC+ and “the persistent tariff threats of President Trump,” said Han Tan, analyst at Exinity, with AFP. Indeed, eight of the largest oil producers, OPEC+ members such as Russia or Saudi Arabia, announced to relaunch their production. Initially, they had reduced it to increase the prices. Without success. This is why they decided to produce more to generate more money. In addition, which accelerated this trend is also the pressure carried out by Donald Trump. The tenant of the White House has continued to claim cheap oil because of its benefits for consumers but also for American companies. Stocks become particularly high since production is increasing while demand drops. The fact that the United States has increased its customs duties should also slow global growth and oil demand. Read also: fuel at broken prices: This station sells its liter at only 0.63 euros per liter of fuel has lost 15 cents since January the opera+ provides for the return of 120,000 additional daily barrels per month for 18 months. In April, the group will add 138,000 daily barrels on the market. Consequently, from a financial point of view, one dollar in the barrel leads to a penny at the pump. Since January, the barrel has lost more than $ 15 while the liter of fuel has lost 15 cents since January and 6 cents since mid-February. The transmission has been carried out very quickly since large areas, which constitute 63% of the market, are already falling downward prices. In the coming days, several cents of decline are expected. At the same time, another good news was born with the increase in the value of the euro against the dollar. What further reduce the bill… Receive our latest news every week, the flagship items to support your personal finances. (tagstotranslate) fuel

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