Reduced prices in fuel expected soon

By Marios Christofi

Further reductions in fuel prices are expected in the coming period. This was reported to "K" by the press spokesman of the Association of Petrol Distributors, Christodoulos Christodoulou, while stating that they have already been reduced by about 3 cents per litre and are expected to be reduced further.

He clarified that the reduction of 3 cents, does not concern the measure of excise tax on fuel but is derived from the price of oil internationally.

The prices today in Cyprus

According to the Consumer Protection Service's retail fuel price watchdog as of noon on Wednesday, the average price of unleaded petrol 95 across the country is €1.449. The cheapest price is €1.399 and the most expensive €1.509.

As for unleaded petrol 98, the average price across the country is €1,523, the cheapest is €1,462 and the most expensive €1,678. For diesel, the average price across the country is €1.616, the cheapest €1.555 and the most expensive €1.668.

The average price of heating oil across the country is €1.239, the cheapest price is €1.177 and the highest price is €1.331.

[This article was translated from its Greek original]