TotalEnergies extends fuel price cap and announces special offer on diesel in France
Drivers can expect to pay a maximum of €1.99 per litre for petrol and €2.25 per litre for diesel this month
Fuel price cap announcements follow the publication of TotalEnergies’ first-trimester profits of $5.8 billion
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TotalEnergies has announced plans to extend its fuel price cap until the end of May after making first-trimester profits of $5.8 billion (€4.96 billion) as a result of increasing oil prices.
The company said it would be “redistributing” profits by maintaining fuel prices at €1.99 per litre for petrol and €2.25 per litre for diesel - a price cap which has been in place since April 8.
A special offer will also be available to drivers over the long weekends of May 1 and May 8 and on the Ascension public holiday (May 14), with diesel capped at €2.09.
TotalEnergies customers who have an electricity or gas contract, and who have signed up to the avantage carburant (fuel advantage), are being offered a price cap of €1.99 per litre, regardless of the type of fuel, including on motorways, throughout 2026. The offer also applies to any new customers who sign up.
Prime Minister Sébastien Lecornu said these measures are “a step in the right direction” during a press briefing on Thursday (April 30).
These announcements follow the publication of TotalEnergies’ first-trimester results, which showed a net profit double the figure for the final quarter of 2025.
TotalEnergies has been applying a price cap policy since February 2023, after 2022 profits soared due to the war in Ukraine.
At the time, the group had committed to a maximum price of €1.99 per litre of fuel, for both petrol and diesel.
Fuel prices have dropped despite oil prices increasing
Following the drop in fuel prices last month after the ceasefire in the Persian Gulf region, the gap between oil prices and fuel prices is expected to widen again in the coming days due to ongoing tensions in the Middle East.
Oil prices are not expected to reach pre-war levels for some time, at least until the backlog from the Strait of Hormuz is cleared and several new shipments safely reach their destinations.
The head of TotalEnergies, Patrick Pouyanné, has also warned that France could face fuel shortages within months if disruption to the Strait of Hormuz continues.
