Status: 28.09.2023, 04:45 a.m.
By: Simon Mones
The rise in fuel prices continues. Diesel and Super E10 are separated by only a few cents. The euro is partly to blame for the rise.
Refueling is currently more expensive than it has been for a long time. Fuel prices in Germany have been rising for weeks, with the start of a short recovery phase at the end of the summer holidays. And this week, diesel and gasoline became more expensive again, according to an evaluation by the ADAC on September 19.
Fuel prices continue to rise: Only 4.5 cents difference between diesel and Super E10
According to the automobile club, the liter of Super E10 cost an average of 1,901 euros nationwide. An increase of 1.2 cents compared to the previous week. Diesel rose by 1.8 cents to an average of 1.856 euros. "Super E10 has thus reached a new annual high in a week-on-week comparison, diesel is as expensive as it was last January," emphasizes the ADAC.
Super E10 has never been as expensive as it is this year. © Bihlmayerfotografie/Imago
The price difference between Super E10 and diesel is only 4.5 cents, according to the evaluation of the ADAC. At the end of May, the two fuels were still separated by more than 23 cents. This is particularly dramatic because diesel is taxed about 20 cents lower than gasoline.
Crude oil price and weak euro cause fuel prices to rise
But why are fuel prices getting more and more expensive? There are currently two main reasons for this. For example, the price of crude oil has also reached a 10-month high. A barrel of Brent is currently worth around $94. An increase of two dollars compared to the previous week.
The second factor that makes diesel and petrol more expensive is the euro. And compared to the US dollar, it is currently performing worse than it was at the beginning of September. This makes the purchase of the already expensive crude oil even more expensive. However, the ADAC also emphasizes that the base in fuel prices has been too high for half a year. "For example, at times significantly declining prices for crude oil in the spring were only partially reflected at the petrol stations, but rising oil prices were used as a basis for surcharges on fuel prices by the oil companies," according to the criticism of the automobile club.
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Fuel prices are exploding: How to save at the pump
If you want to save money, you often have the opportunity to do so abroad. Petrol and diesel in particular are far below the German price level. But even if you don't live near the border, you can save a euro or two. After all, the first gas station is not always the cheapest. Therefore, it is advisable to compare fuel prices via app before refueling.
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For gasoline engines, the automobile club also recommends filling up with Super E10 instead of the more expensive E5 if possible. A glance at the clock can also help, because the savings potential is particularly great here. In the morning hours, diesel and gasoline are the most expensive. On the other hand, they are cheapest in the evening between 18 p.m. and 20 p.m. and between 21 p.m. and 22 p.m.