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Diesel fuel price in Europe rises by almost a quarter since January 1. Five recent price spikes in Luxembourg.

Last time updated
24.08.22
Diesel fuel price in Europe rises by almost a quarter since January 1. Five recent price spikes in Luxembourg.

The European Union has updated data on the price dynamics for petrol and diesel fuel. Since January 1, gasoline in the EU has become more expensive by almost 14%, and diesel fuel prices rose by more than 23%. This is the sharpest growth recorded since the data became public in 2005. In 17 countries of the bloc, 95 brand petrol now cost more than 2 euros. In 16 countries, diesel has also crossed this milestone.

The highest current prices for diesel fuel are recorded in Sweden — 2.259 euros per liter. It also holds the price record. 2,528 euros for a liter of diesel — that was the cost in the country at the end of June.

Spain now has the biggest price for 95 brand petrol. A liter of fuel costs 2.122 euros. But Finland set a price record in mid-June with a price of 2.558 euros per liter of 95 brand.

In Luxembourg, diesel fuel has recently rose in price 5 times. In 2 weeks, its value increased by 15.6 euro cents. Now it costs 1.843 euros per liter.

At the same time, prices for gasoline of 95 and 98 brands are also growing. Today, on August 24, 95 gasoline will become more expensive by 1.7 euro cents — 1.655 euros per liter. 98 brand rose in price for the third time in a row, a liter costs 1.894 euros.

At the same time, gasoline in the region remains among the cheapest European options. After taking into account taxes and fees, the price per liter of 95 fuel in Luxembourg is 1.368 euros. It shows an increase of 11.05% since the beginning of the year, a few percent less than the European average.