Fuel: no Increase Before 2013

11 years, 11 months ago - 26 December 2012, Le Matinal
Fuel: no Increase Before 2013
No bitter pill for motorists during this season. The State Trading Corporation (STC) has decided to maintain the status quo on fuel prices until the end of December.

This was stated at a senior Matinal this body parastatal, while recalling that the oil prices are maintained at the same level since March 2011. "This is despite a rebound in oil prices during the first quarter of the year, followed by a more substantial increase in August," he pointed out.

However, the trend was reversed in the last four months during which a barrel of oil is found below the bar $ 110. However, vigilance is upgraded to the STC seen that Europe will enter into the winter the next few days, and fuel consumption will increase during this period. "What makes that will affect demand and subsequently the price of fuel," says one executive at the STC. It is said to be able to have a clearer idea of how to proceed from mid-January into account the above factors and the effect of the crisis on the oil market.