Petrol price to €2.42 – end of increase not yet in sight

Petrol price to €2.42 – end of increase not yet in sight

Fuel prices have again risen to a new record high today. As a result of the war in Ukraine, the average national suggested retail price (GLA) for a liter of petrol has increased to no less than €2.42. This is apparent from information from consumer collective UnitedConsumers.

Yesterday the average national suggested retail price (GLA) for a liter of petrol Euro95 (E10) was €2.35, today the liter price is no less than €2.42. This means that the petrol price has reached a new low, but has reached a price-technical high. The average national suggested retail price for a liter of diesel has also risen to astronomical heights. The GLA of a liter of diesel is €2.14. Yesterday the price was still €2.06. The GLA of a liter of LPG is €1.27, which means that this fuel has also increased in price by a few cents per liter.

Market expert Paul van Selms of consumer collective United Consumers, which has been tracking the recommended prices of oil companies for more than twenty years, fears that the end is not yet in sight. A liter of petrol could soon cost more than €2.50. “My expectations had been tempered before, but that is now coming close. I will not be surprised if that limit is broken this week. We have never seen such increases,” Van Selms told ANP.

At the beginning of 2021, the average national suggested retail price of Euro 95 (E10) was still €1.68. At the end of last year, the liter price was already approaching €2.08. United Consumers’ prediction that the suggested retail price for a liter of petrol would move towards €2.25 has long since come true. Fortunately, once again, you have to tap the average national suggested retail price for fuel only along the highways, local gas stations often give a discount on the GLA.

– Thanks for information from Autoweek.nl

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