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🇬🇷 Greece /Economy & Trade

Fuel prices rise again in Greece, stoking fears of a difficult winter

From Ta Nea · () Greek

Translated from Greek and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Context piece
  • Fuel prices in Greece have risen again after a temporary decline, driven by international oil-price movements and geopolitical uncertainty in the Middle East.
  • Average prices stand at €2.066 per litre for unleaded petrol and €2.022 for diesel, with subsidies currently reducing them by 10 to 15 cents.
  • Retailers’ association president Michalis Kioussis estimates heating oil could reach €1.83 per litre when the season begins in mid-October.

Fuel prices in Greece are rising again, and the coming heating-oil season is already causing concern.

After a temporary easing before August 15, petrol and diesel prices climbed because of international oil-price fluctuations and geopolitical uncertainty in the Middle East. The average price of unleaded petrol now stands at €2.066 per litre, while diesel costs €2.022.

Those prices would be 10 to 15 cents higher without current subsidies from the state and refineries. The greatest concern surrounds heating oil, whose distribution season begins in mid-October.

Michalis Kioussis, president of the Federation of Greek Petrol Station Owners, told MEGA Weekend that heating oil started at about €1.07 to €1.10 per litre last year. Based on current conditions, he estimated that this year’s opening price could reach €1.83, raising fears of an exceptionally difficult winter.

About this summary

Originally published by Ta Nea in Greek. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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