Wholesale fuel prices in Hungary have never seen a temperature
Since the introduction of the fuel price cap, much attention has been paid to domestic fuel retailers, as Hungarian researchers have suffered significant losses following the government’s move, leading to the closure of several gas stations and threatening to shut down hundreds of wells across the country. In response, the government has also taken further measures to maximize wholesale fuel prices and reduce excise duties, involving wholesalers and the state budget itself – again with a subsidy of HUF 20 per liter for small wells. Meanwhile, the oil market price is constantly rising and the forint is weakening against the dollar, as a result of which we would have to pay much more for petrol and diesel without the price cap, especially
that another price increase is coming on Wednesday.
On Wednesday, the purchase price of gasoline is gross It will increase by HUF 41, and you will have to pay HUF 66 more for diesel to the person who purchases fuel from a wholesaler as an end user.
Without the price cap, we would encounter the following average prices at Hungarian wells from Wednesday:
- 95 petrol: 594 HUF / liter
- Diesel oil: 640 HUF / liter
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