December 27, 2024

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Heraklion – Fuel: Prices have fallen – Drivers are short of breath

Heraklion – Fuel: Prices have fallen – Drivers are short of breath

Varied in its price gasoline so is it engine oil It has been noticed by consumers in recent days, with a noticeable decline recorded, although it is not excluded that in the coming days it will start to rise again.

It is characteristic that today in Heraklion, a gas station that sold gasoline last week for 1.95 euros per liter, today sells it for 1.82.

Fuel market representatives refer to Radio Crete That the price of liquid fuels has stabilized for the time being, while, as they comment, it is not expected to drop further until the end of the week.

They say its price next week will depend on international conditions.

According to what the vice president of the Petroleum Traders Association in Heraklion Governorate told Radio Crete, Fotis doxastakistoday Average price of unleaded petrol At gas stations in Heraklion at 1.89 euros, in diesel at 1.58 euros. Finally, LPG is sold for 0.99 euros.

And while global gasoline prices recorded a significant decline at the beginning of 2023, when they were at their highest levels in the last quarter, this reduction was due to the “lack” of gas station pumps for Greek drivers. However, volatility in diesel prices appears to be better, as volatility in international prices appears to be transmitted more uniformly to fuel station pump prices and to end consumers.

However, fuel market sources indicate that the formation of fuel prices is a multifactorial equation in which many parameters play a role. In the formation of the retail price, it is not the price of Brent oil that plays a decisive role, but the international market price of the product, which applies to the Mediterranean region.

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