Consumers: Fuel prices continue to plummet

Fuel prices continue their descent.

Consumers: Fuel prices continue to plummet

Fuel prices continue their descent. Diesel became cheaper for the sixth week in a row, premium E10 petrol for the third, according to figures from the ADAC on Wednesday. On a nationwide daily average on Tuesday, E10 therefore cost 1.739 euros per liter, which is 4.6 cents less than seven days earlier. The diesel price fell by 5.6 cents to 1.843 euros per liter.

In mid-October, a liter of diesel was around 30 cents more expensive, and E10 around 20 cents. In the last three weeks in particular, it had gone down significantly. The ADAC attributes the positive development for motorists primarily to the easing on the crude oil market. But the slightly stronger euro and the renewed competition also played a role, it was said.

However, the ADAC sees further downward potential in fuel prices, especially for diesel. The fuel is taxed significantly less than petrol and is usually significantly cheaper than E10.

E10 and diesel had their respective lowest prices in the current year at the beginning of the year - well before the start of the war in Ukraine. E10 cost 1.644 euros per liter on January 7th. Fuel is currently 9.5 cents away from this. Diesel had its low for the year on January 4 at 1.562 euros per liter. The fuel is currently 28.1 cents more expensive.

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