Refueling at the pump in the Netherlands will become even more expensive this weekend as a result of the unrest in the oil market due to the war in Ukraine.
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According to consumer collective UnitedConsumers, the recommended prices of the major oil companies will rise again by several cents on Saturday, just as they did on Friday.
Prices
Of the four concerns for which data has already been received, the recommended liter price for Euro95 (E10) rises between 2 and 6 cents. With diesel, as it stands now, motorists must take into account price increases of 2 to 8 cents per litre. But the new prices of one large company are still missing.
Strong increase
Prices rose sharply on Friday. As a result, the suggested retail price for Euro95 had already risen to a record EUR 2,311 per litre. For diesel it is 2,012 euros, which is also the highest level ever. Market expert Paul van Selms of UnitedConsumers calls the price increases of the last few days “unprecedented”.
Financial Markets
The mood in the financial markets was put under additional pressure on Friday due to the Russian attack on the Zaporizhzhya nuclear power plant in Ukraine, which caused a fire. The fire at Europe’s largest nuclear power plant has been extinguished and radiation levels are said to be normal, but Russian forces are in control of the plant.
Recommended retail prices
Pump holders can deviate from the suggested retail prices, which UnitedConsumers has been tracking since the beginning of this century. In practice, motorists only pay the suggested retail prices along the highway. At other locations, gas stations often give discounts, although refueling under 2 euros per liter of petrol now no longer seems possible. According to price comparator fuel-finder.nl you have already lost at least 2.02 euros per liter with cheap pumps.
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