While this might be good news before the weekend, it risks reviving petrol tourism in Luxembourg in earnest from this Saturday – as motorists haven’t seen fuel prices this low in Luxembourg for ages.
A litre of diesel will be 1.7 cents cheaper from midnight this Saturday and will cost €1.394 at the pump in Luxembourg; a record low price for this fuel in 2024.
In fact, we have to go back to 13 May 2023 to find a similar price: a litre of diesel was sold for €1.39 on that date.
Already at its lowest this year, the price of SP95 fell earlier this week, during the night from Wednesday to Thursday, to below the €1.50 mark. It has since been displayed at €1.47. You have to go back to 30 December 2023 to find it one cent cheaper.
The price of SP98 remains unchanged at €1.56. This is also its lowest price since January 2022.
The price of 10 ppm heating oil will also drop by 2.3 cents overnight: a litre will be sold for €0.855 starting Saturday morning.
Brent oil sank on Friday to its lowest level since March 2023, weighed down by fears about the global economy and demand, completely overshadowing the decision by OPEC+ exporting countries to postpone an increase in production.
At around 16:10 GMT (18:10 in Paris), the price of a barrel of North Sea Brent fell by 2.23% to 71.07 dollars, while its American equivalent, West Texas Intermediate (WTI) lost 2.26% to 67.59 dollars per barrel.
