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Euronews
Euronews
Doloresz Katanich

EU fuel prices hit records as ECB experts see diesel margins peak in October

Filling up a car has never cost more on average across the European Union, according to European Commission data going back more than two decades. At the latest average prices, it costs about €103 to fill a 50-litre tank with petrol and €108 with diesel.

Retail fuel prices have surged since the outbreak of the conflict in the Middle East, adding to inflationary pressures. Eurozone energy inflation rose to 14.3% in August, up from 10.3% in July, according to the European Central Bank.

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