German gasoline prices exceed 2 euros per liter again

Fuel prices in Germany have climbed back above the 2-euro mark for Super E10 gasoline, reaching this threshold for the first time since May. On Wednesday, the average price for a liter of E10 hit 2.016 euros, according to the ADAC.

Diesel also saw an increase, averaging 1.959 euros per liter. This marks the highest price for diesel since May 24, despite the end of a 16.7-cent per liter tax rebate on gasoline.

Compared to Tuesday, E10 prices rose by 9.3 cents and diesel by 10 cents. These increases are less than the tax rebate that expired. However, both fuel types had already seen price hikes in the days leading up to the rebate's end, with significant jumps on Tuesday alone.

The ADAC expressed criticism, asserting that fuel companies had kept prices too high for weeks and prematurely factored in the end of the tax reduction. The mineral oil industry, however, cited high demand in the final days of the rebate as a reason for the earlier price increases.