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Diesel and E10 over two euros per liter

2022-03-08T08:57:51.896Z


Diesel and E10 over two euros per liter Created: 03/08/2022Updated: 03/08/2022 09:49 The prices for diesel and petrol at a gas station in Munich. © Tobias Hase/dpa The Ukraine war is making itself felt more and more at the petrol stations. Until recently, a fuel price of more than two euros was considered unlikely - but now it is a reality for the first time. Munich - The Ukraine war caused fu


Diesel and E10 over two euros per liter

Created: 03/08/2022Updated: 03/08/2022 09:49

The prices for diesel and petrol at a gas station in Munich.

© Tobias Hase/dpa

The Ukraine war is making itself felt more and more at the petrol stations.

Until recently, a fuel price of more than two euros was considered unlikely - but now it is a reality for the first time.

Munich - The Ukraine war caused fuel prices to rise above the two-euro threshold for the first time.

On a nationwide daily average on Monday, premium petrol of the E10 variety cost 2.008 euros per liter, with diesel it was 2.032 euros, as reported by the ADAC.

The main drivers of the increase at the pump are oil prices, which have shot up in the wake of the conflict in Ukraine.

On Monday, the Brent variety, which is important for Europe, had meanwhile cost up to 139 dollars per barrel (159 liters) after US Secretary of State Antony Blinken brought an import ban on Russian oil into play.

The currently strong dollar amplifies this effect again, as oil is traded in dollars and German buyers pay in euros.

In addition, the price of diesel will continue to be driven by high demand for the relatively similar heating oil and importers will reduce imports of diesel from Russia.

more on the subject

Diesel more expensive than petrol

Fuel prices in Germany: Ukraine war creates new records

ADAC: Record prices for petrol and diesel

The fact that such extreme fuel price records are currently being achieved is also due to the fact that the effect of the war in Ukraine is building on the record levels that have already been reached in recent months.

The increase over the year is huge: on average in March 2021, diesel still cost 1.315 euros per liter, with Super E10 it was 1.454 euros.

dpa

Source: merkur

All news articles on 2022-03-08

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