Fuel prices in Germany reach record levels

Berlin, September 14 (KUNA) -- The German Automobile Club (ADAC) announced on Monday that fuel prices in Germany have reached record levels, amid expectations that price pressures will persist due to rising global oil prices and escalating tensions in the Middle East. In a statement released at its headquarters in Munich, the club said that the average price of a liter of E10 gasoline reached 2.273 euros on Sunday, an increase of 1.7 cents compared to last Friday, surpassing the highest level recorded in March 2022. It added that the price of diesel rose by 3.5 cents to reach 2.404 euros. It is worth noting that crude oil prices are the most important factor in determining fuel prices, although prices vary significantly between regions, gas stations, and even throughout the day. Fuel prices in Germany are the highest in the European Union compared to other European countries. (End) A.N.J./S.M.A.