Germany: Diesel Prices Rise, Gasoline Prices See Slight Decline

Berlin – The German Automobile Club (ADAC) announced on Wednesday that diesel prices have risen again, while gasoline prices fell, widening the price gap between the two fuels to more than 20 cents per liter. In a statement, the club said the price of a liter of diesel increased by 3.4 cents, bringing the average daily price to 2.289 euros, while the price of E10 gasoline dropped by 2.6 cents to reach 2.084 euros. The rise in diesel prices relative to gasoline is unusual, given that the German government imposes lower taxes on diesel. Fuel prices, for both diesel and gasoline, have seen a noticeable increase at filling stations since disruptions to crude oil supply chains amid the Strait of Hormuz crisis and tensions in the Middle East. (End) A.N.J./S.M.A.