Uncertainty has prevailed recently in the fuel market due to the war raging in the Middle East since February 28th. More specifically, the average nationwide price of unleaded gasoline remains above €2.000/liter, while diesel has dropped to €1.80/liter amid new hopes for ending the war in the Middle East. Brent crude oil price stands at $98.83 per barrel, while US crude oil is trading at $95.59/barrel.
What Maria Zaga said about fuel prices
“We managed to bring down diesel prices with the help of horizontal subsidies, however it’s difficult for unleaded gasoline to fall below €2 because refineries control the market,” Maria Zaga, president of gas station owners, told ERTnews.
“We follow the price lists but there are businesses that don’t compete with clean papers. Yesterday’s price at €2.089 is nothing new. I received a price increase yesterday, but I deliberately didn’t raise the price,” Mrs. Zaga said, making new pointed remarks about profiteering by station operators. “People with money of suspicious origin have entered the fuel game. The economic FBI tracked them down but they found ways to reopen six months later with different VAT numbers. The law regarding tampered pumps requires closure for two years – I can’t see another store in the same location,” Maria Zaga said.
