Recent Increase in Fuel Prices: Euro95 and Diesel Prices Soaring in July 2023

Recent Increase in Fuel Prices: Euro95 and Diesel Prices Soaring in July 2023

By our economics editors Jul 28, 2023 at 5:58 PMUpdate: an hour ago The suggested retail price for a liter of Euro95 went towards 2.20 euros on Friday. That is almost 20 cents more than at the beginning of this month. According to consumer collective UnitedConsumers, the suggested retail price for a liter of Euro95 … Read more

OPEC’s Decision to Cut Oil Production Not Impacting Fuel Prices: ADAC Reports Slight Decrease in Petrol and Diesel Prices

OPEC’s Decision to Cut Oil Production Not Impacting Fuel Prices: ADAC Reports Slight Decrease in Petrol and Diesel Prices

Opec’s decision to cut oil production has not yet had an impact on fuel prices. As the ADAC has determined, both petrol and diesel have even become slightly cheaper compared to the previous week. The national average price for a liter of Super E10 fell by 0.8 cents to 1.795 euros, while diesel was half … Read more

Higher Excise Duties to Increase Gasoline & Diesel Prices in Netherlands

Higher Excise Duties to Increase Gasoline & Diesel Prices in Netherlands

12 jun 2023 om 05:01Update: 12 minuten geleden Gasoline and diesel will soon become considerably more expensive due to higher excise duties. This increases the price differences with filling stations in Germany and Belgium. This also applies to the pump in Luxembourg on the way to your holiday destination. Detours will pay off again for … Read more

Fuel Prices in Germany Fall Due to Lower Oil Prices: Super E10 and Diesel Cheaper at the Pump

Fuel Prices in Germany Fall Due to Lower Oil Prices: Super E10 and Diesel Cheaper at the Pump

Fuel prices at German petrol stations have fallen noticeably compared to the previous week. According to the current ADAC evaluation, a liter of Super E10 costs 1.789 euros on average nationwide, which is 3.1 cents less than a week ago. The fall in diesel prices is even clearer: drivers currently have to pay an average … Read more

“Why Cheap Coal Might Not Be the Solution to Energy Issues – An Opinion Piece”

“Why Cheap Coal Might Not Be the Solution to Energy Issues – An Opinion Piece”

13 hours Edit But how? (5) any trouble? After all, coal (fine) for power plants and heat and power plants is said to be cheap in abundance (our rulers took care of it, after all;) by a strange coincidence, but it’s probably a coincidence that electricity has become more expensive for everyone, now restrictions for … Read more

“Petrol Price Relaxation: Diesel Cheaper Than Super E10 with Room for Further Reductions Says ADAC Evaluation”

“Petrol Price Relaxation: Diesel Cheaper Than Super E10 with Room for Further Reductions Says ADAC Evaluation”

After the price increases for Super E10 and diesel in the last few weeks, there are currently signs of a slight relaxation at the petrol pumps. With diesel, at 2.3 cents to 1.678 euros, the national average is significantly greater than the drop in Super E10. According to the ADAC evaluation, the price for a … Read more

“The Impact of Recent Market Upheaval on OPEC+ and the Future of Fuel Prices”

“The Impact of Recent Market Upheaval on OPEC+ and the Future of Fuel Prices”

“The recent market upheaval, when the price of Brent fell to 70 dollars per barrel, probably scared OPEC+ a little, because the bank and the other upheavals create uncertain economic prospects with a possible collapse of oil prices,” SEB bank economist Dainis Gašpuitis explains to the online magazine KLIK. He is convinced that the reduction … Read more

Government commits to link fuel prices in Egypt to international levels b

Government commits to link fuel prices in Egypt to international levels b

8:00 pm Tuesday 10 January 2023 Books – Mustafa Eid: The Egyptian government has pledged to continuously implement the automatic petroleum pricing mechanism, reflecting international oil price movements in domestic fuel prices, as part of the cooperation program with the International Monetary Fund for Economic Reform, which is recently been agreed. According to a fund … Read more

Brazil changes the fuel pricing policy of the state-owned Petrobras Energy and Minerals

Brazil changes the fuel pricing policy of the state-owned Petrobras Energy and Minerals

The head of Brazil’s state-owned oil company Petrobras, Jean-Paul Pratis, said he plans to change the country’s fuel pricing policy, according to Reuters. Pratiss told reporters he will change the company’s pricing policy, which links fuel to international oil prices, stressing that that doesn’t mean prices won’t be fully tied to the international market. He … Read more