Gasoline, diesel and heating oil prices to rise over next two weeks

Previously, one had to pay 1.479 euros per liter of unleaded 95 octane gasoline, now the price is 1.514 euros per liter. As explained by the Ministry of Environment, Climate and Energy, this means that a 50-liter tank will cost 75.70 euros in the next two weeks. According to the ministry’s estimates, if prices were not regulated, a liter of 95 octane gasoline would cost about 1.551 euros per liter. Excise tax remains unchanged at 0.45824 euros per liter.

A liter of diesel, with no change in excise tax, currently set at 0.42538 euros per liter, will cost 1.528 euros at gas stations outside motorway intersections in the new period (1.507 euros per liter before the change), equivalent to 76.40 euros for 50 liters. According to the ministry’s estimates, if diesel prices are not regulated and consumers are exempted from paying fees for renewable energy and cogeneration, a deduction of about 1,579 euros will be required per liter of diesel.

For one litre of heating oil, 1.146 euros will have to be paid over the new 14-day period (1.145 euros per litre before the change), assuming the excise tax remains unchanged (currently 0.15085 euros per litre). For an order of 1,000 litres of heating oil, the consumer will pay 1,146 euros (excluding transport). If the fuel oil price was unregulated, the amount paid per litre would be approximately 1.243 euros.

Under government regulations on the pricing of certain petroleum products, outside the motorway and highway sectors, dealer profits are limited to a maximum of €0.0983 per litre for diesel, €0.0994 per litre for 95 octane petrol and €0.08 per litre for heating oil.

Fuel prices for cars at motorway junctions are set freely.

The ministry also announced that the prices of the above-mentioned oil derivatives will continue to be calculated based on the method of changes in oil derivative prices in the world market and changes in the US dollar-euro exchange rate. The model price is calculated based on the 14-day average of mineral oil derivative prices.