TotalEnergies Extends Fuel Price Cap in France Throughout May Amid Crisis
TotalEnergies' Fuel Price Cap Policy and Special Offers
Fuel Price Cap Maintained Amid Middle East Crisis
PARIS, April 30 (Reuters) - TotalEnergies said on Thursday it would maintain its policy of capping fuel prices across France for as long as the crisis in the Middle East continues, and announced a temporary nationwide fixed-price offer for key public holiday weekends in May.
Details of the Price Cap
The French energy company said it would keep the price caps it had announced in March at its 3,300 service stations in mainland France, as oil prices continue to rise. Under the policy, gasoline is capped at 1.99 euros per litre and diesel at 2.25 euros per litre throughout May.
Adjustment Based on International Market Prices
TotalEnergies said it would immediately pass on any declines in international diesel and gasoline prices should global markets move lower.
Special "Single Price" Operation for May Holidays
In addition, the company said it would launch a special "single price" operation for the long weekends of May 1, May 8 and Ascension Day, periods traditionally marked by higher road travel. During those weekends, gasoline will be priced at 1.99 euros per litre and diesel at 2.09 euros per litre across its French network.
(Reporting by Charlotte Van Campenhout; Editing by David Gregorio)
