Tension in oil market

‘Petrol price up 3.3 cents in one day, diesel 9.5 cents more expensive’

De adviesprijs voor benzine is 2,319 euro per liter, 3,3 cent hoger dan een dag eerder. Diesel werd 9,5 cent duurder en kost nu 2,187 euro per liter. Foto: Shutterstock

Fuel prices in the Netherlands have risen again due to higher oil prices as a result of unrest in the Middle East causing tension in the oil market. UnitedConsumers reports.

The average national recommended retail price for petrol came to 2.319 euros per litre, up 3.3 cents in one day. The price of diesel rose by 9.5 cents in one day to 2.187 euros per litre. It was already reported a week ago that fuel prices in the Netherlands had risen to the highest level in 2.5 years, but prices have since risen further.

Oil prices have risen towards $80 a barrel in recent days, compared with just above $70 a barrel last week and around $60 in December 2025. “That fuel prices are rising now is a logical consequence of the higher oil price,” said Derk Foolen, fuel expert at UnitedConsumers. According to him, fuel prices often react quickly to unrest in key oil regions.

Last Monday, 2 March, it was announced that OPEC+ oil countries decided to increase oil production to dampen rising oil prices due to Middle East tensions. According to economist Rico Luman (ING), this may slow the price rise somewhat, but disruptions in the Strait of Hormuz could still cause higher prices.

Trade associations revealed that, despite the expected price increases, petrol stations are slightly busier. However, there is no sign of hoarding behaviour yet.

Read also:

This article was automatically translated from the Dutch language original to English (British).

Author: Nina Koelewijn

Source: MobilityEnergy.com

E-mail

Related posts

decision will follow later Cabinet looks at temporary road tax cut due to fuel prices

To accommodate motorists in the energy crisis, the government is looking at temporarily reducing road tax. Insiders confirm this following reports by De Telegraaf.
Research ‘Netherlands most expensive for petrol in Europe, but rise relatively limited’

Petrol prices in Europe have risen sharply recently as a result of the war in the Middle East. In doing so, the Netherlands remains the most expensive country to fill up, but the price increase is relatively lower than in many other European countries.
Fine of 131 euros ‘High fuel prices increase drive-throughs at petrol stations’

More motorists are driving away without paying after filling up due to higher fuel prices. Since the outbreak of war in the Middle East, the number of unpaid refuelling trips has increased by more than a quarter. This is according to Soda, an organisation that goes after defaulters for petrol stations.
'advance notice' Lukoil petrol station in Sliedrecht sees increasing number of drive-throughs and now takes action

The Lukoil filling station on the Deltalaan in Sliedrecht says it is increasingly troubled by drive-throughs as a result of high fuel prices. As a result, consumers who want to fill up there must now report to the shop before filling up.