• Tue. Jul 2nd, 2024

Gas stations raise fuel prices – get ready for the expensive changes

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Jul 2, 2024

The government recently passed a decree that determines the highest retail prices of oil derivatives. This decree calculates the highest retail prices based on the basic price of fossil fuel in the previous 14-day period, with limited premiums for different types of fuel. For example, diesel and gasoline fuel will have a limited premium of 0.1245 EUR/l, blue diesel will have a premium of 0.0781 EUR/l, and propane-butane mixture for bottles will have a premium of 0.8229 EUR/kg or 0.3716 EUR/kg for large tanks.

Starting from Tuesday and for the next 14-day period, the price of basic gasoline will increase by 11 cents to 1.54 euros per liter, basic diesel will increase by 8 cents to 1.45 euros per liter, and blue diesel will increase by 6 cents to 89 cents per liter. The price of LPG for tanks will be 1.16 euros per kilogram, which is 10 cents more than before, and the price of LPG for bottles will be 1.72 euros per kilogram, also 10 cents more.

If the government had not implemented these measures and retail prices were freely formed at the discretion of energy entities, the prices would have been higher. For example, a liter of basic gasoline would cost 1.6 euros, diesel would cost 1.59 euros, blue diesel would cost 98 cents, and gas for tanks would cost 1.41 euros per kilogram, with a higher price of 2.03 euros per kilogram for bottles.

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