There is relaxation on the crude oil market. According to the ADAC, this is the reason for the downward trend in petrol and diesel prices.
Fuel prices continue their descent. Diesel became cheaper for the sixth week in a row, and E10 premium petrol for the third time, according to figures from the ADAC on Wednesday. In the nationwide daily average on Tuesday, E10 therefore cost 1.739 euros per liter, which is 4.6 cents less than seven days before. The diesel price fell by 5.6 cents to 1.843 euros per liter.
In mid-October, a liter of diesel was around 30 cents more expensive, and E10 around 20 cents. In the last three weeks in particular, it had gone down significantly. The ADAC attributes the positive development for motorists primarily to the easing on the crude oil market. But the slightly stronger euro and the renewed competition also played a role, it was said.
However, the ADAC still sees further downward potential in fuel prices, especially diesel. The fuel is taxed significantly less than petrol and is usually significantly cheaper than E10.
E10 and diesel had their respective lowest prices in the current year at the beginning of the year – well before the start of the war in Ukraine. E10 cost 1.644 euros per liter on January 7th. Fuel is currently 9.5 cents away from this. Diesel had its low for the year on January 4 at 1.562 euros per liter. The fuel is currently 28.1 cents more expensive.
Source: Stern
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
