Germany records record fuel prices in September
The average cost of gasoline and diesel fuel in September became the highest on record in the country
Quick Look
- In September, Germany faced a record rise in fuel prices.
- According to ADAC, the cost of Super E10 gasoline and diesel fuel has reached historical highs due to the situation in the Middle East and a lack of refinery capacity.
AI-generated summary
Why It Matters
The rise in fuel prices in Germany is caused by geopolitical tensions and problems with refinery capacity.
Average fuel prices in Germany in September will be the highest on record, the Tagesschau news service reports, citing data from the German automobile club ADAC.
Earlier, the DPA agency reported that Super E10 gasoline at German gas stations reached a record price of 2,286 euros per liter, and diesel fuel - 2,453 euros.
“September will be the most expensive month for refueling cars in history. This is already clear before the end of the month,” the material says.
According to Tagesschau, ADAC data showed that September average fuel prices would have exceeded previous records in April and August even if petrol and diesel were free at the pumps on the last day of the month.
Based on current price developments, ADAC has forecast the September average price for Super E10 petrol to be around €2.27 per liter and for diesel between €2.38 and €2.39 per litre, Tagesschau said.
The rise in prices at German gas stations is due to the conflict in the Middle East and the closure of the Strait of Hormuz. Another factor in rising prices was the lack of refinery capacity. At the same time, according to Tagesschau, prices may decrease in October thanks to a fuel discount approved by the authorities.
What to Watch
AI outlook — possibilities, not facts
Reduced fuel prices in October
Possible · Within weeks
Open Questions
- What will be the real effect of the fuel discount in October?
