Greece Fuel Prices Near €2 a Liter as Brent Tops $88 and Diesel Jumps 28.5 Cents
Updated
Updated · tovima.com · Jul 21
Greece Fuel Prices Near €2 a Liter as Brent Tops $88 and Diesel Jumps 28.5 Cents
3 articles · Updated · tovima.com · Jul 21
Summary
Unleaded petrol in Greece has risen to a nationwide average of €1.974 a liter and diesel to €1.933, with both nearing the €2 mark again.
Brent crude has climbed above $88 a barrel—more than 20% above early-July levels—pushing up domestic fuel costs despite a government-refinery agreement meant to slow the increases.
Diesel has posted the sharper move, up 28.5 cents from €1.648 on July 1, narrowing the gap with petrol and raising the prospect that it could overtake unleaded prices.
Thirteen regional areas already exceed €2 a liter, led by islands where unleaded reaches €2.22 and diesel €2.10, adding pressure on households and businesses.
Energy strains extend beyond transport: European natural gas prices are up more than 40% in a month, though Greece's 40%-50% renewable power share is helping contain electricity prices.