Petrol also more expensive

Diesel sharply more expensive in Belgium due to increase in maximum prices

De prijs van diesel stijgt 17 cent ten opzichte van de huidige maximumprijs. Foto: Shutterstock

The Belgian government is raising maximum prices for petrol and diesel as of Tuesday, with diesel in particular becoming significantly more expensive.

This was reported by the Federal Public Service (FPS) Economy. The maximum price for Euro95 will rise to 1.92 euros per litre, an increase of 5.7 cents. Diesel will rise to 2.33 euros per litre, an increase of 17 cents over the current maximum price.

Mobility Energy previously spoke to Belgian fuel traders about the development of these maximum prices. The current method of calculating the legal maximum price currently forces suppliers to sell diesel and petrol at a loss in some cases. According to several petrol station operators, the situation is now ‘untenable’ as a result.

‘Highest level’

Last Monday, 30 March, oil prices reached their highest level since the start of the war in the Middle East. A barrel of Brent crude oil was worth $115 on Monday morning, up from just over $70 a barrel when the conflict began a month ago. The price has risen by more than 60 per cent since then.

In the Netherlands, the price for petrol currently stands at €2.59 and for diesel at €2.71. There is still division over how to address these prices. Some parties argue for a maximum price, while others bet on reducing fuel taxes.

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

Author: Nina Koelewijn

Source: MobilityEnergy.com

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