
AI-generated summary
The federal government introduced a fuel discount of 16.7 cents per liter to relieve drivers in view of high energy prices.
The fuel discount should noticeably relieve drivers. But just a few days after the tax cut began, prices at the pumps rose again.
Super E10 cost a nationwide average of 2.137 euros per liter on Sunday, according to the ADAC. That was 2.3 cents more than on Thursday. Diesel prices rose by 0.9 cents to 2.253 euros.
The ADAC sees this as a development that is difficult for consumers to understand. Oil prices and the euro-dollar exchange rate have hardly changed recently. Nevertheless, part of the initial relief from the tax cut has already been used up again.
Cheap offers are becoming rarer
Cheap offers are also becoming increasingly rare. Shortly after the introduction of the fuel discount, E10 was available at many gas stations for less than two euros per liter. These prices are now much more difficult to find.
In Munich, for example, on Monday only about one in three gas stations offered E10 at least temporarily below the two-euro mark. On Thursday it was more than one in two.
How much the tax cut of 16.7 cents per liter is actually passed on to drivers remains controversial. The industry association En2x emphasizes that its member companies have passed on the discount in full. At the same time, the association points to recent increases in purchasing prices for fuels on the global market.

The federal government has initiated the process for the possible privatization of the state gas company Sefe. The Ministry of Economic Affairs has published a call for tenders for legal consulting services on reprivatization; law firms can apply until October 27th. Among other things, Sefe operates the largest German gas storage facility and is a central player in the German gas supply. The nationalization took place in 2022 after the failure of the Russian supplier Gazprom, and the federal government is now planning to return the majority to Sefe by the end of 2028 due to EU requirements. The company's value is estimated at around six billion euros.

Just a few days after the reintroduction of the fuel discount, fuel prices are again above the level at the start of the tax cut. According to ADAC, a liter of Super E10 cost an average of 2.137 euros nationwide on Sunday - 2.3 cents more than at the start of the measure. The price of diesel rose to 2.253 euros per liter, an increase of 0.9 cents. The ADAC explains that although the energy tax cut led to a significant drop in prices, the relief is already disappearing again. There is currently no obvious explanation for the price increase for Super E10, as the oil price and exchange rate have hardly changed.

The German stock market started the new week almost unchanged, although the US Federal Reserve Bank is unlikely to raise interest rates in October and oil prices have fallen slightly. The DAX rose 0.1 percent to 25,254 points, while the euro fell below $1.12 for the first time since May 2025. Political uncertainty in Europe and the USA is weighing on sentiment, while weaker US labor market data has dampened interest rate concerns somewhat. The consumer climate index also fell before the Christmas shopping season, while defense stocks benefited from a new aid package for Ukraine.

The Munich start-up Robco has completed a round of financing and is now valued at more than a billion dollars. Company boss Roman Hölzl assumes that sales will triple this year. The company is developing a modular system for industrial robots with a focus on physical AI and has already sold more than 1,000 systems.

France and Germany have formulated joint demands to give the EU more resources in the trade dispute with countries such as China and the USA, including the introduction of a so-called “kill switch”. This is reported exclusively by Handelsblatt. The podcast also presents the current insider barometer, in which three DAX bosses bought more shares in their own companies despite falling share prices.

The Dax closed unchanged at 25,254 points, while the euro fell to its lowest level since May 2025 due to political uncertainty in France and Spain. At the same time, the G7 countries announced the release of 100 million barrels of emergency oil reserves, and Deutsche Telekom held its first AI investor day.