The record fuel price increases continue, with the price of unleaded in Cyprus at an all-time high.
Greece currently has the 5th most expensive price in Europe (and 7th in the world), with only Norway, Denmark, Finland and Iceland, in order, exceeding the 2.277 euros/litre that unleaded costs in our country.
On the other hand, the record for the lowest price in Europe is held by Belarus, where petrol costs just 0.654 euros/litre. The reason for this very low price of petrol has to do with the embargo imposed on Russian oil by the European Union, which does not apply to Belarus, which continues to use oil from its neighbouring country.
Fuel
Due to its low demand, Russian oil costs very cheap, thus helping Belarus to have such a low price. Similarly, the second lowest unleaded price in Europe is in Russia itself at €0.743/litre, which as an oil-producing country channels the surplus oil it cannot export to the EU into the domestic market, thus drastically reducing the price of fuel.
Beyond that and as far as the European Union is concerned, Hungary with 1.223 euros per litre remains the country with the lowest price of unleaded petrol, taking advantage of the government's measures, followed by Malta with 1.34 euros per litre and Moldova with 1.525 euros per litre.
The 10 most expensive countries in Europe for the price of unleaded petrol*:
Norway: €2.622/litre
Denmark: €2.455/litre
Finland: €2.363/litre
Iceland: 2,321 euro/litre
Greece: 2,277 euro/litre
Monaco: 2,263 euro/litre
Netherlands: 2,257 euro/litre
Sweden: 2,217 euro/litre
Germany: 2,154 euro/litre
Liechtenstein: 2.086 euros/litre
The 10 cheapest countries in Europe for the price of unleaded petrol*:
Belarus: 0.654 euros/litre
Russia: 0.743 euros/litre
Hungary: 1.223 euros/litre
Malta: 1.340 euros/litre
Moldova: 1.525 euro/litre
North Macedonia: 1.542 euro/litre
Slovenia: 1.560 euro/litre
Serbia: 1.566 euro/litre
Bulgaria: 1.592 euro/litre
Ukraine: 1.595 euro/litre
*Data 30/05/2022
Source: carandmotor.gr
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