Leaked government document suggests fuel margin rise, Bercy denies figures

A leaked government working document, revealed by Franceinfo, indicates a rise in gross fuel margins since the start of the Middle East war. Margins have reportedly gone from an average of 30 euro cents per liter early this year to over 50 cents for diesel in some stations. Bercy disputes the document's origin and the accuracy of the figures.

A government working document, leaked Friday evening and revealed by Franceinfo, highlights an increase in distributors' gross fuel margins. The report states these margins rose from an average of 30 euro cents per liter early in 2026 to 39, 43, or over 50 cents for diesel, and nearly 40 cents for gasoline at stations like TotalEnergies, Eni, Esso, Avia, Carrefour, or Intermarché.

The Ministry of Economy, Bercy, denied knowledge of the document's origin and contested the figures. A ministry source explains margin controls are complex, varying by brand and supply sources, and claims the situation is now under control after initial rises tied to the late-February Middle East conflict.

Distributors reacted strongly. Coopérative U's Dominique Schelcher notes gross margins cover costs, including higher transport, with net margins stable or down. Carrefour's Alexandre Bompard calls the document erroneous and unfair to small station owners. TotalEnergies recalls capping its prices from the crisis's start.

Sébastien Lecornu expressed annoyance at distributors' stance, who shifted debate to energy savings certificates after a proposed margin-capping decree announcement.

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A crowded French gas station with long lines of cars and a prominent fuel price sign showing record highs due to the Middle East crisis.
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Fuel prices hit new high in France amid Middle East crisis

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Gasoline prices reached their highest level since the start of the Middle East conflict on Wednesday, May 6. The average price of super unleaded 95 stood at 2.03 euros per liter. The increase stems from the war and the paralysis of the Strait of Hormuz.

The French government announced a 70 million euro support plan on Friday evening for road transporters, fishermen, and farmers hit by energy price hikes from the Middle East conflict. Valid for April and renewable monthly, it provides targeted sectoral aid without worsening the public deficit. Sector reactions are mixed.

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Prime Minister Sébastien Lecornu has called on TotalEnergies to strengthen its fuel price caps to redistribute its superprofits. The statement comes amid a sharp rise in the group's earnings due to the Middle East conflict. The government is opting for targeted aid amid budget constraints.

Marine Le Pen, leader of the Rassemblement national, stated that taxing TotalEnergies' superprofits would be necessary if the fuel price cap does not sufficiently protect French purchasing power. TotalEnergies is currently capping unleaded gasoline at 1.99 euros per liter and diesel at 2.09 euros. This measure aims to counter price rises caused by the war in the Middle East.

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In response to diesel shortages triggered by Middle East conflicts including recent attacks on Iran, South Africa's Department of Mineral Resources and Petroleum has begun a comprehensive review of the fuel pricing mechanism. Reforms to industry margins are targeted for March 2027, with a temporary R3 per litre fuel levy cut providing short-term relief amid rising global oil prices.

The National Petroleum Company reported minor fuel price changes on Wednesday that take effect Thursday, May 7. 93-octane gasoline rises 0.1 pesos per liter and diesel falls 47.3 pesos, while kerosene stays the same.

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The office of Minister Delegate for Industry Sébastien Martin stated no supply disruptions linked to the Middle East war have been observed in France, following a meeting with economic actors. Authorities urge vigilance amid tensions on raw material and energy prices. European gas prices surged over 24% after an Iranian attack on Qatar's Ras Laffan site.

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