Good news: fuel prices are falling significantly

Created: 11/23/2022, 3:53 p.m

Refueling is becoming a little more pleasant again: the prices for diesel and petrol are currently falling rapidly.

© Marijan Murat/dpa

The recently unusually expensive fuel prices are now clearly falling.

The premium petrol E10 is now only as expensive as it was at the beginning of the war in Ukraine.

Munich – The prices at the German petrol stations have again fallen significantly.

E10 premium petrol fell within a week by 6.4 cents per liter, diesel by 6.5 cents, as the ADAC announced on Wednesday.

E10 cost 1.785 euros per liter on a nationwide daily average on Tuesday, diesel 1.899 euros.

Excluding the phase of temporary tax cuts in the summer, Super E10 was last cheaper on the day the war began in Ukraine, and diesel was last on March 3rd.

The price of diesel in particular has recently fallen.

In the weekly review of the ADAC for the fifth time in a row.

The price has fallen almost 25 cents since mid-October.

E10 has also become cheaper in recent weeks, but not as much.

ADAC still considers diesel prices to be too high

ADAC attributes the current decline primarily to the drop in oil prices.

In addition, a revival of competition is observed there, which is driving the "overdue downward movement of excessive fuel prices".

The price of petrol has "in the meantime moved back to a largely understandable level," said a spokesman.

Before that, measured by the price of crude oil, it had been “massively overpriced” for months.

However, this does not apply to the more expensive diesel, which is taxed around 20 cents lower: "There is still a lot of room for improvement here, the price of diesel must continue to fall."