Fuel Prices Surge After End of Price Caps

By , 01 May 2022, 14:35 PM Business
Fuel Prices Surge After End of Price Caps pixy.org

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STA, 1 May 2022 - Fuel prices in Slovenia surged on Sunday after the government decided to end price administration. Regular petrol is about 8% more expensive than yesterday, with diesel up by more than 20%.

Data reported by petrol stations show regular petrol costs between EUR 1,617 and EUR 1,619 per litre depending on provider, up to EUR 1,628 along motorways. Until yesterday it was capped at EUR 1,503.

Diesel is priced at between EUR 1,817 and EUR 1,824 at major providers Petrol and OMV, and even higher at some smaller petrol stations, EUR 1,876. Yesterday it cost 1,514.

Prices were capped in mid-March in a bid to mitigate the surging prices of energy on global markets. On Friday, the government said the measure would not be extended since the markets had stabilised.

The announcement late on Friday that price administration will not be extended resulted in long queues at petrol stations around the country yesterday as people rushed to fill up, many showing up with additional canisters to stock up.

Many service stations ran out of diesel during the day.

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