TotalEnergies Caps Fuel Prices at €1.99/L Amid Oil Market Volatility
Amid exceptional volatility in oil markets following the outbreak of conflict in the Gulf, TotalEnergies is capping petrol at €1.99/L and diesel at €2.09/L at its French service stations through end-March 2026.
| Countries | Ukraine |
|---|---|
| Companies | TotalEnergies |
| Sector | Pétrole, Carburants |
| Theme | Prix, Politique publique |
TotalEnergies announced price caps on petrol and diesel at its service stations in France, effective as of March 13 and lasting through end-March 2026. Petrol will be capped at €1.99/L and diesel at €2.09/L across the entire metropolitan network, including motorways and rural areas. The company cited exceptional volatility in oil markets since the outbreak of conflict in the Gulf, which has created significant tensions on global diesel supply. France is heavily dependent on diesel imports, with prices directly tied to international crude benchmarks.
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